Delek Drilling has filed with the Financial Conduct Authority to list a spin off on the London Stock Exchange that would own the Leviathan and Aphrodite fields. Agmon & Co. Rosenberg Hacohen & Co.’s Capital Markets department is representing Delek Drilling – Limited Partnership (TA35) in a first-of-its-kind Spin-Off transaction of publicly traded limited partnership. […]
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FIMI has completed the raising of the largest fund in its history, amounting to USD 1.2 Billion, with Israeli law firm Naschitz Brandes Amir advising. This will be FIMI’s seventh fund and will start investing in Q1, 2021. FIMI is the leading private equity firm in Israel with a track record of success spanning over […]
Water-from-air startup Watergen has signed a strategic partnership with Emirati firm Al Dahra to export the Israeli solutions to the UAE and other regional countries. The partnership will target a variety of sectors, including agriculture, offices and apartment buildings, hotels and industrial plants. Watergen has developed a patented technology that enables the generation of clean […]
Israeli Privacy Regulator Endorses Appointment of Chief Privacy Officers in Organizations The draft position paper explains that although Israeli law does not mandate the appointment of CPO/DPO (other than in one isolated instance related to the Bank of Israel), the authority views the voluntary appointment as a recommended best practice for organizations whose operations involve […]
Greenberg Traurig’s Tel Aviv client Nym Health (“Nym”) has announced that Geisinger is deploying the company’s autonomous medical coding technology to all nine of its hospital emergency departments. Nym, a pioneer of Clinical Language Understanding (CLU) technology, is an Israeli company operating in Boston and Israel. Geisinger has nine hospital campuses, two research centers, and […]
In a new ruling, Israel’s Supreme Court has approved the longstanding position of the Israeli Tax Authorities, in that business income generated in Israel by a new immigrant or senior returning-resident is subject to Israeli taxation during the 10-year tax holiday. We caught up with Tadmor Levy’s Head of Tax, Boaz Feinberg, who told us: […]
A recent article in Calcalist discussed the fall in the number of exits in the first nine months of 2020 and the leap in public issuances of Israeli companies. We spoke to lawyers at the forefront of this trend to find out more about the factors explaining the rise in offerings in the past year, […]
A third of the funds was raised on the NYSE and NASDAQ, with the rest raised on the Tel Aviv Stock Exchange. Among the group of companies are Greenberg Traurig clients Ayala Pharmaceuticals Inc. whose U.S. labor & employment matters are handled by Tel Aviv Shareholder Meira Ferziger, and PolyPid Ltd., whose Intellectual Property matters […]
Payment fraud prevention company, Forter, has officially become a unicorn. The company raised USD 125 million in its series E funding round, which gave it the coveted valuation. Due to the pandemic, eCommerce became the main lifeline for many companies and businesses, and securing these transactions became even more critical and complicated. Herzog Fox & […]
As the world has waited for news of a breakthrough in the fight against Coronavirus, Moderna, which has developed a vaccine against COVID-19, has signed an agreement with the Israeli government for the supply of COVID-19 vaccines. Data from Moderna states that its vaccine shows almost 95% protection, with Israeli chief medical officer of Moderna […]
