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 […]
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 […]
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 – […]
Hogan Lovells advised the buyer. First Abu Dhabi Bank has signed an agreement to sell its FAB Sudan business to Africa and Gulf Bank (AGB), a newly licensed bank in Sudan. The sale includes the transfer of all the assets, liabilities and employees of FAB Sudan and follows a strategic review of business activities at […]
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 […]
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 […]
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 […]
EBN&CO represented Blue Square Real Estate Ltd, owner of one half of TLV Fashion Mall, in its acquisition of the other half. Blue Square Real Estate Ltd., acquired the other 50% of GINDI Group’s shares in TLV Fashion mall for 225 million NIS (approx. US $65 million), and additional direct permutations such as discharging Gindi […]
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 […]
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), […]
Gornitzky represented Israel Corporation Ltd. in the offering. Israel Corporation Ltd. did an NIS 750 million (approx. US $275.71 million) issuance of a new series of public bonds on the TASE, after increasing the initial scope of the issuance due to high demand exceeding 1 billion NIS (approx. US $278.62 million). The Gornitzky team was […]
Yigal Arnon advised Flint Capital in the deal. IT incident predictor startup Loom Systems Inc. has raised a $10 million funding round. The round was led by Flint Capital, with participation from existing investors Meron Capital, Jerusalem Venture Partners, and Japanese venture firm Global Brain Corp. The company has raised $16 million to date. The […]
