The Israel Competition Authority has closed its criminal investigation into G. Willi-Food International Ltd. and its CEO, Zvi Williger, without taking any enforcement action. The case, which drew significant media attention, unfolded amid heightened regulatory scrutiny of Israel’s food sector and the ICA’s increased focus on competitive conduct. Closing the investigation is a notable outcome […]

B Communications completed a major secondary sale of 441,135,157 ordinary shares of Bezeq Israeli Telecommunication Corp. Ltd., generating approximately NIS 2.7 billion (USD 840 million). The offering attracted strong investor demand and underscores the sustained appeal of Israel’s telecom sector to international capital markets. Carter Ledyard & Milburn LLP advised B Communications as U.S. counsel, […]

Econergy Renewable Energy Ltd. has completed a significant NIS 276 million capital and debt restructuring designed to optimise its financial position. The process included two exchange offers replacing its Series A convertible bonds with a new exchange unit combining company shares and Series B straight bonds. The restructuring strengthens the company’s balance sheet and enhances […]

Haifa Port’s acquisition has been bolstered by a long-term refinancing package led by Mizrahi Tefahot Bank Ltd., securing one of Israel’s largest financing transactions of the past year. The NIS 2.8 billion facility strengthens the long-term stability of a strategic national asset and supports continued investment in port operations and infrastructure. The transaction reinforces the […]

Mekorot has moved forward with the Sabha D desalination plant in Eilat, completing a two-stage tender process and signing a Design-Build contract with BlueGen, a subsidiary of Generation Capital. The NIS 425 million project will expand production capacity by 20 million cubic meters per year, strengthening water supply to Israel’s southern region. ERM advised throughout […]