Energean Israel Ltd. has entered into a new set of agreements and amendments to existing agreements with Rapac Energy Limited and its related companies to supply an additional amount of gas for between 6 and 15 years, starting with the Karish gas development project. Tadmor Levy & Co. represented Rapac Energy, led by Yotam Leshem, a partner in […]
Uncategorized
Blue Square Real Estate Ltd. has completed another successful issuance, the third in the last three months. The company issued NIS 454 million worth of corporate bonds to the public. EBN’s Capital Markets department, led by Moty Yamin, Hagar Guri, and Meni Kogan, accompanied the company. EBN also represented Blue Square Real Estate in the […]
As we end the festival of Chanukah, this week’s Legally Israel news roundup looks at more miraculous transactions announced over the past week – among them the USD 1.4 Billion SPAC merger for Israeli lidar start-up, Innoviz, represented by Latham & Watkins’ multiple offices, with Erdinast, Ben Nathan, Toledano & Co. advising Vertex Ventures, Magma Venture Partners and […]
In a recent article in Khaleej Times, Dr. Fahed Al Meraabi, chairman and chief executive of Zurich Capital Funds discussed how Israeli companies are expected to invest in various UAE sectors to the tune of USD 500 million, in major sectors such as real estate, fintech, blockchain, and digital banking platforms. Having discussed the synergies with a whole host of […]
Co-Chair of the Israel practice group, Wylie Levone will be leaving Hogan Lovells at the end of 2020 to be the U.S. General Counsel of Energix in Washington DC. Even before the official formation of the Israel Practice Group in 2012, Hogan Lovells has been involved in the Israeli market. With almost 3,000 lawyers across almost its […]
The Real Brokerage Inc. (Real) has secured a USD 20 million equity investment by Insight Partners. The transaction was carried out through the purchase of preferred equity units issued by a newly formed U.S. subsidiary of Real, REAL, PIPE LLC, which Preferred Units may be exchanged for common shares of Real. DLA Piper LLP (US) […]
After completing the raising of the largest fund in its history, amounting to USD 1.2 Billion, FIMI has completed the sale of irrigation systems company Rivulis to the Singapore’s government investment company Temasek at a company valuation of USD 450 million. Having bought Rivulis in 2014 (then called John Deere Water) for just USD 57 […]
Tulchinsky Stern Marciano Cohen Levitski & Co. has represented Bank Hapoalim in another innovative and groundbreaking project to launch a network of blockchain-based digital guarantees, in collaboration with Microsoft Israel and TCS. The network is a unique and safe solution for all entities issuing guarantees in Israel and for the beneficiaries of those guarantees and […]
Israeli 3D printing company Stratasys Inc. is to buy San Francisco-based 3D printing start-up Origin Inc. for up to USD 100 million in cash and stock. The merger enables Stratasys – represented by Meitar – to expand its presence in the fast-growing mass production parts segment with a next-generation photopolymer platform. The acquisition is expected […]
Israeli lidar start-up Innoviz Technologies is going public in a USD 1.4 Billion reverse merger with a “blank check” shell corporation, Collective Growth Corp. The SPAC provided USD 150 million in cash and raised USD 200 million from investors in the deal that gives the combined company a USD 1.4 Billion equity value. This is […]
