Shufersal, Israel’s largest retail chain, and Amit Zeev have signed an agreement with Netherlands-based retailer SPAR to set up a SPAR chain in Israel through a jointly owned company. Subject to approval by the Competition Authority, the deal will see the joint company 19.9% owned by Shufersal and 80.1% owned by Zeev. The agreement provides […]
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What Changes to Canadian Foreign Investment Laws Mean for the Technology Industry Categories: Technology By: Aird & Berlis LLP – the article referenced can be read in its entirety on Aird & Berlis’ website here. ChatGPT did not write this article. We could soon see disclaimers like this on top of legal articles and blog posts, […]
Plaintiffs, in the US, filed a total of 43 securities class action lawsuits against life sciences companies in 2022, which represented almost one in four securities class action lawsuits. A Dechert survey, for any Israeli life sciences companies with a US presence, identifying various trends relating to the origin of such suits, including issues stemming […]
With the deadline fast approaching on the 31st of January, many rushed to register their companies on the Overseas Entities Register due to the uncertainty of the methods of enforcement awaiting them post-deadline. This is the UK government’s latest attempt at transparency and attempt to crack down on money laundering within the country. Since the […]
Israeli start-ups raised over USD 700 million in February 2023, according to press releases seen by “Globes,” more than double the USD 340 million raised by Israeli startups in January 2023. In February, larger financing rounds were led by cybersecurity company Wiz, which raised USD 300 million, and public transport and mobility software solutions company […]
The 2023 “Globes”-Statista survey of the 100 best law firms in Israel finds the merger trend continuing, but the leak of talent to high-tech has halted 2022 was a year in which the major trends in the legal services market moved up a gear. There were large mergers, and the competition for high quality people […]
“I think that there will be some sort of reawakening during the year. We won’t return to the levels of 2021 but there will certainly be a reawakening compared with 2022,” said Ilan Paz, the Barclays Israel CEO, who insists investors are more interested in an Israeli company’s strength and performance and not the political […]
Herzog acted as Israeli counsel to Citigroup, Goldman Sachs Bank, Mizuho, MUFG and PNC Capital Markets LLC as the active joint book-running managers of a USD2.5 billion sustainability-linked senior debt offering by Teva Pharmaceuticals Industries. That offering was combined with a tender offer to acquire existing Teva notes. Herzog deal team led by Ron Ben-Menachem and Mohammad Mawasi, and […]
Chaos Labs, a New York and Israel-based provider of an automated economic security system for crypto protocols, has raised USD 20 million in Seed funding. The round was led by Galaxy and PayPal Ventures, with participation from Coinbase, Uniswap, Lightspeed, Bessemer, Hashkey and angels such as Balaji Srinivasan and Naval Ravikant. Chaos Labs is a provider of an automated economic security […]
Israeli cloud cybersecurity company Wiz today announced the completion of a USD 300 million Series D financing round at a company valuation of USD10 billion. The latest financing round was led by Lightspeed Venture Partners and existing investors Greenoaks Capital Partners and Index Ventures. Also participating were existing investors Sequoia, Insight Partners, and Gil Ra’anan’s Cyberstarts. Private […]
