Shufersal’s Dispute With Leumi Card Over Shufersal Holdings

Gornitzky represented Shufersal in a dispute with Leumi Card. Shufersal was in a dispute with Leumi Card, regarding a former agreement concerning the manufacturing of credit cards for the Shufersal customers club, and disagreement regarding the value of the limited partnership “Shufersal Finances” under which the credit card club was held. Two claims were filed […]

Rada Electronic Industries Ltd.’s $25 Million Follow-On Offering

Gornitzky advised the underwriters, led by Canaccord in the USD 25 million follow-on offering of Rada Electronic Industries Ltd. on the Nasdaq Capital Market. RADA Electronic Industries Ltd. (“RADA”) (NASDAQ: RADA), offered 4,190,480 of its ordinary shares at a price to the public of $5.25 per share. In addition, RADAhas granted the underwriters of the […]

Aspen Group's Joint Venture With Aspen Group And Altshuler Shaham

Aspen Group’s Joint Venture With Aspen Group And Altshuler Shaham

Gornitzky represented Shlomo Insurance in the deal. Shlomo Insurance did a joint venture with Aspen Group and Altshuler Shaham for purchasing two commercial real estate properties in the Netherlands in an aggregate amount of EUR 58.8 million. Shlomo Insurance was represented by partners Dubi Gross (Picture) and Assaf Harel. Involved fees earner: Dubi Gross – […]

Melisron Ltd.’s $122.6 Million Acquisition Of Ramat Aviv Mall Holdings

Gornitzky represented Melisron in the deal. Melisron acquired Migdal‘s share (26.6%) of Ramat Aviv Mall‘s holdings, for NIS 425 million (approx. US $122.59 million), tax included. Following the purchase Melisron will be the sole owner of the mall, with 100% of its holdings. The transaction reflects a valuation of NIS 2.8 billion. The transaction was […]

Tene Investments Funds’ 46% Acquisition Of Traffilog Ltd

EBN&CO advised Tene Investments Funds in the deal. Tene Investments Funds completed the purchase of 46% of the share capital of Traffilog Ltd. Traffilog offers an advanced monitoring and locating system for drivers and car fleet managers, based on its unique in-depth automotive engineering knowledge, strong real-time programming skills and modern web-based applications by a […]

Arbe Robotics Ltd’s $32 Million Investment Round

EBN represented Arbe Robotics Ltd. in a round b investment. The investment was led by Catalyst CEL and included AI Alliance (a fund in which the car manufacturer Hyundai is a partner), BAIC Group(Beijing Automotive Group CO.,Ltd) (a branch of a leading Chinese car manufacturer) and MissionBlueCapital. Furthermore, certain existing investors of Arbe also participated […]

Mawani’s $2.4 Billion Investment in the Saudi Port

Latham & Watkins and the Law Office of Salman M. Al-Sudairi have advised Mawani – the Saudi Port Authority – on two 30-year build-operate-transfer (BOT) concessions with global port operator DP World and regional port operator Red Sea Gateway Terminal Company for the development and operation of container terminals at Jeddah Islamic Port. Combined, the […]

Intel’s $2 Billion Acquisition Of Habana Labs

Yigal Arnon advised Intel in the deal. Intel has acquired Tel Aviv-based artificial intelligence chip developer Habana Labs Ltd. for $2 billion. Habana Labs Ltd. provides software solutions. The Company develops artificial intelligence processor which improves in processing performance, reduces cost, and power consumption. The Yigal Arnon team was composed by Advs. Barak Platt (Picture), […]