Generation Capital, an infrastructure and energy fund, acquired 25.5% of PSP Investments Ltd., which owns a pumped storage power plant at Ma’ale Gilboa with an installed capacity of 300 megawatts, for NIS 227 million. The pumped storage power plant at Ma’ale Gilboa is one of Israel’s landmark power project and is the first pumped storage facility in […]
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The OcceaNow consortium, comprising Samit Group, Haifa Marine and OcceaNow, has submitted its bid for the acquisition of Haifa Port Company Ltd., as part of Haifa port’s privatization process. Five international groups are participating in this complicated competitive process run by Government Companies Authority which has been up and running for more than two years. Amnon Epstein, […]
StarkWare, an Israeli company developing STARK-based solutions for the blockchain industry, has raised USD 100 million in a Series D financing at an USD 8 billion valuation. The Meitar team acting for the company included Avi Licht, Jonathan Irom, Dr. Michael Bricker, Keren Shitrit and Noa Haimi Cohen.
The 2022 finalists for the Europe, Middle East, & Africa awards have been published with Israeli law firms nominated in various categories: Agmon & Co. Rosenberg Hacohen & Co.: Career Development National Firm. Gender Diversity National Firm. Diverse Women Lawyers National Firm. Women in Business Law .National Firm Herzog, Fox & Neeman: Diverse Women Lawyers National Firm. […]
Owned by Thomson Reuters, this is the second annual list in which ALB puts the spotlight on 50 lawyers from the MENA region who have stood out on the basis of client service. The lawyers were selected based on a client survey that was sent directly to ALB. Rick Mann, Gross Law Firm (GKH). Gil Brandes, […]
Cybersecurity company CyberArk has set up a USD 30 million fund, CyberArk Ventures, for investment in cybersecurity startups. CyberArk Ventures has joined up with four strategic venture capital investors: Venrock, YL Ventures, Team8 Capital and Merlin Ventures. CyberArk has a market cap of USD 4.3 billion. It provides cybersecurity solutions with an emphasis on identity security […]
Publicly traded Inter Industries Plus Ltd. has acquired approx. 270 MW PV projects in Greece, together with its partners. The acquired projects are comprised of one operational project and 6 projects that are under development. Shibolet represents Inter, with advice provided by partners Shlomit Hess and Amir Shachar, together with associate Gal Giladi.
TASE-listed telecoms company, Telrad Networks has been bought by Liquid Telecom, a pan-African group operating in the fields of communications and technology, for a total of approximately NIS 200 million. The transaction will take place in the form of a reverse triangular merger resulting in the delisting of Telrad’s shares from the TASE. Telrad Networks […]
At the end of one of the largest competitive proceedings in Israel, Keystone Fund is nearing the closure of the acquisition of up to 60% of shares in Egged, the largest transit bus company in Israel. The transaction is subject to the approval of the shareholders and the regulator. Bank Leumi and Bank Mizrahi Tefahot […]
The Israeli deep data analytics company ProteanTecs has raised USD 45 million in a financing round from New York-based fund Addition. This brings to nearly USD 200 million, the total amount raised by the company since it was founded in 2017. Headquartered in Haifa, the company has 180 employees worldwide including 100 in Israel. Partner […]
