Agmon & Co., Rosenberg Hacohen & Co. advised Amot Investments on the issuance of NIS 720 million – and additional NIS 350 million. Partners Shirel Guttman-Amira and Ran Felder of the firm’s Capital Markets department represented Amot on this issuance. Separately, Leumi Bank has also raised NIS 1.7 billion as part of an expansion of two existing series of bonds […]
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Gesher I Acquisition Corp, a SPAC company, has merged with Freightos Limited, a Jerusalem start-up that operates a leading platform for international shipping and payments. The value of Prytus for the merger is estimated at USD 435 million. Gesher is represented by Bryan Cave Leighton Paisner and by Erdinast, Ben Nathan, Toledano & Co. With Hamburger Evron, led […]
Egged has approved the sale of a 60% stake to Keystone REIT Fund, reflecting a company valuation of approximately NIS 4.8 billion. Under the terms of the deal, the Egged shareholders will have the option to sell their remaining shares starting from the 2nd year anniversary of the transaction. This deal is made in continuation […]
Israeli-founded PPHE Hotel Group, the London listed international hospitality real estate and management company, has extended its longstanding strategic partnership with Radisson Hotel Group. Through the partnership, they will jointly develop a global portfolio of premium lifestyle art’otels in key gateway cities and capitalize on growth opportunities presented by PPHE’s current and future property portfolio. […]
Israeli IT solutions provider to telecom companies Amdocs Ltd. has acquired UK company MYCOM OSI for USD 188 million cash. DLA Piper represented Amdocs in this key acquisition designed to expand its portfolio in network service assurance and monetization MYCOM OSI provides software-as-a-service (SaaS) solutions for control and security services for cloud-based communications networks for telecom companies.
A consortium led by Todd Boehly, chairman and CEO of Eldridge, and Clearlake Capital Group, L.P. has bought Chelsea Football Club for €4.25 Billion. Boehly is the owner of the Los Angeles Dodgers, the Los Angeles Lakers, and the Los Angeles Sparks. The club was put up for sale in March before previous owner Roman […]
Super – Pharm, the largest and leading drugstore chain in Israel, acquired 50% of Hy Laboratories Ltd. Through this transaction, Super Pharm enters the evolving field of biotech. Hy Laboratories is a leading developer, manufacturer and distributor of tools for detection and identification of microorganisms and molecular biology products. Yigal Arnon-Tadmor Levy Partner Micki Shapira, […]
The merged firm will comprise 118 lawyers. This is part of ongoing trend among law firms in general and Israeli law firms in particular. Founded 80 years ago, the 80-strong S. Friedman will officially merge with 38-lawyer Ephraim Abramson from July 1st.
In Casablanca, Morocco and Israel see the emergence of a beautiful tech friendship A number of commercial and tech agreements were signed this past week, including on water and energy, as part of the inaugural “Connect to Innovate” conference organized by Start-Up Nation Central (SNC), a non-profit outfit that tracks the Israeli tech ecosystem. A […]
The Israeli banking-as-a-service platform Unit, which allows companies to embed financial services in their products, has raised a USD 100 million in a Series C round led by global software investor Insight Partners. The round included participation from existing investors Accel, Better Tomorrow Ventures, Aleph, Flourish Ventures and TLV Partners. New investors Moving Capital and […]
