Israeli hi-tech founders often dream of an exit (mergers and acquisitions, or M&A) deal. How does an Israeli tech company exit at a good price? A corporate auction may sometimes improve the starting price, but how does a seller company get to the best starting price in the first place? And what are potential buyers […]
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The UAE and Israel will look to expand mutual investment and manufacturing under a deal signed between the Ras Al Khaimah Economic Zone (RAKEZ) and the Israeli Manufacturers Association (IMA). The Memorandum of Understanding (MoU) calls for the two sides to collaborate to create investment opportunities and expand the operations of industrial companies, the UAE’s WAM reported. […]
Representatives from Seoul and Jerusalem signed the Seoul Leadership Summit’s Seoul Manifesto at the inaugural Korea and Israel One Network (KION) conference last week. The declaration calls upon the countries to increase bilateral relations in politics, business, culture, media, religion, education and humanitarian aid. Read more in Jerusalem Post.
Salesforce’s presence in Israel dates back to 2011 when it acquired the Israeli start-up Navajo Systems. Since then, Salesforce Israel has evolved into an essential research and development (R&D) hub, focusing on AI-powered big-data marketing intelligence, AI analytics, voice technology, security, and field service solutions. The company has made strategic acquisitions in the Israeli market, […]
Millennium Logistic Parks (“MLP”), a Polish company traded on the Warsaw Exchange, has issued Series F bonds worth €29 million. The Israel Land Development Company (ILDC) holds (directly and indirectly) approximately 41% of the shares of MLP. Taylor Wessing advised MLP GROUP S.A., a leading owner and developer of modern industrial and logistic parks, and city […]
The largest tourism company in Israel, and owner of extensive real estate, Ista has raised NIS 257 million through a bond issuance. S. Horowitz advised Ista, with partner Amir Assali and Eden Halpert acting in the transaction. The proceeds will allow the company to accelerate its business plans, mainly in real estate. The fundraising was led by Barak […]
Azrieli Group has confirmed its plans to sell Canadian company Compass Data Centers at a valuation of USD 5.7 billion to a consortium led by Brookfield Infrastructure Partners LP (“Brookfield”) and existing investor Ontario Teachers’ Pension Plan. Azrieli Group holds 32% of the company. Goldfarb Gross Seligman advised Brookfield, with support from the International Corporate […]
Reality Fund raised NIS 1.7 billion in the first phase of the fundraising round for its new private investment fund, in spite of the relative stagnation in the real estate industry. Anchor investors include Migdal, Clal Insurance, Meitav Dash, Harel Investments, Amitim pension funds and teachers’ funds. Herzog advised the Group.
Israel has secured €1 billion (USD 1.1 billion) in financing from UK banking giant HSBC and Israel’s Bank Leumi to start building an overground light rail line in the greater Tel Aviv area. HSBC and Bank Leumi will provide the consortium – made of Israel’s Shapir Group and Spain’s CAF (Spain) – that has won […]
Read more in this feature in the Jerusalem Post.
