ICD Sukuk Company Limited’s $1 Billion Trust Certificates Offering

White & Case LLP has advised Investment Corporation of Dubai on the US$1 billion issuance of trust certificates by ICD Sukuk Company Limited under its US$2.5 billion trust certificate issuance programme. The trust certificates, which were issued in a single tranche maturing in 2027, were offered pursuant to Regulation S and are listed on the […]

Wix.com’s $36 Million Acquisition of DeviantArt

Naschitz Brandes Amir represented Wix.com (NASDAQ: WIX), a leading global cloud-based web development platform, in its $36 million acquisition of U.S.-based DeviantArt, one of the world’s largest online communities dedicated to artists, art enthusiasts and designers. The acquisition was completed in February 2017. This acquisition follows Wix’s recent acquisition of Flok (Loyalblocks) in January 2017 […]

Israel Corporation Ltd’s $219.5 Million Notes Offering

Gornitzky & Co represented the Israel Corporation Ltd., the largest shareholder in Israel Chemicals Ltd., in a bond public offering amounting to 810 million NIS Israel Corporation Ltd., a holding company, operates in the natural resources industry in Israel and internationally. The company, led by Avisar Paz, Stefan Borgas and Maya Alschich-Kaplan, is based in […]

Wix.com’s acquisition of Flok (Loyalblocks)

Naschitz Brandes Amir represented Wix.com (NASDAQ: WIX), a leading global cloud-based web development platform, in its acquisition of Flok (Loyalblocks), a customer loyalty and engagement platform. The acquisition was completed in January 2017. Wix.com Ltd. develops and markets an Internet service that allows users to create Web content. It offers Web development, design, and management […]

Bezeq the Israel Telecommunication Corp. Ltd. achieves unprecedented ruling before the Supreme Court

Gornitzky’s Dispute Resolution team successfully represented Bezeq the Israel Telecommunication Corp. Ltd. before the Israeli Supreme Court, resulting in an exceptional ruling in favour of Bezeq, dismissing two appeals over the decision of the honourable Judge Kaboub at the Tel Aviv District Court which denied two motions to approve a derivative suit. Among others, the […]

RedHill Biopharma’s $39 Million Underwritten Public Offering

Gornitzky represented the underwriters, led by Roth Capital Partners, in RedHill Biopharma’s USD 39 million underwritten public offering of American Depositary Shares (ADSs) and warrants on the NASDAQ Capital Market and concurrent registered direct offering of its ADSs and warrants. RedHill Biopharma Ltd., a biopharmaceutical company primarily focused on drugs for inflammatory and gastrointestinal diseases […]