US private equity firm Haveli Investments, L.P. has acquired a minority interest in Israeli mobile games company Candivore for USD100 million. Texas-based Haveli says it will fund the transaction from Haveli VC Gaming Fund I, L.P. Founded in 2018, Tel Aviv-based gaming studio, Candivore, is best known as the developer of Match Masters, a competitive […]
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Bank Leumi has completed a first-of-its-kind credit linked debt offering, in which the bank offered CLNs (Credit-Linked Notes) with a par value of NIS 500 million to institutional investors. The CLNs will be listed on the institutional list on the Tel Aviv Stock Exchange. This credit linked debt offering involved the listing of one of […]
Innoviz Technologies Ltd. (Innoviz), a leading Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, has announced the pricing of its upsized underwritten public offering, with total gross proceeds of the offering, before underwriters’ discounts and estimated offering expenses, will be USD 65 million A Latham team led by Houston partners Ryan Lynch and Ryan […]
Nasdaq-listed Check Point Software Technologies Ltd, on entered into a definitive agreement to acquire Perimeter 81, an innovative leader in Security Service Edge (SSE) solutions, for USD490 million. With this acquisition, Check Point will help organizations accelerate the adoption of secure access across remote users, sites, cloud, datacentres, and the internet, all while aiming to […]
Think Canada for Global Projects and Global Expansion: Canadian Corporate and Tax Considerations for Foreign Expansion To and From Canada By: Aird & Berlis LLP From its earliest days, Canada has been a nation focused on international trade – a characteristic that continues today. In 2021, Canadian exports of goods and services reached a record […]
The Canadian province of Quebec plans to open a representative office to Israel in Tel Aviv in the fall, the province’s government has announced. The office, to be located within the Canadian embassy, will be Quebec’s first in the Middle East, and aims at strengthening relations between Israel and Quebec in the fields of research and innovation. […]
A significant renewable energy project is underway in Zambia to establish a power station capable of generating 71 megawatts of electricity, which is a joint effort between Israel’s Gigawatt Global and Gigawatt Wind. The unique aspect of this project is that it aims to harness both solar and wind energy, with each contributing half of […]
The rollercoaster of the world’s capital markets has been widely reported over the past year. In Israel, even after the political chaos surrounding judicial reform, July was oddly crowned the best month on the Tel Aviv Stock Exchange in the past year: The Tel Aviv 35 Index climbed almost 7%, while the Tel Aviv 125 Index […]
Adv. Yosef (Seffy) Zinger has been confirmed as the next chairperson of the Israel Securities Authority. Zinger is currently a partner in the Corporate and Securities Department of law firm Herzog Fox & Neeman. Read more in Globes.
The dream of the Israeli tech companies that held IPOs on Wall Street turned into a nightmare when the bubble burst at the end of 2021. But now companies like Lemonade (NYSE: LMND), Camtek (Nasdaq: CAMT), Unity-ironSource (Nasdaq: U) and JFrog (Nasdaq: FROG) are bouncing back, riding the wave of this year’s strong gains on […]
