Mergers & acquisitions
Law firms call off mega merger
Meitar and Arnon, Tadmor-Levy have decided not to proceed with the merger that would have created a combined firm with 900 lawyers.
Netafim for sale again
Private equity firm Fortissimo is seen as a leading candidate to buy the Israeli precision irrigation pioneer, which is facing fierce competition in a stagnant market.
Roche to buy 89bio for up to $3.5b
The company, which was founded in Israel, has a drug for treatment of fatty liver in phase III trials, which was initially an asset of Teva.
Israeli data security co Varonis buys SlashNext
No financial details were disclosed but "Bloomberg" reports Varonis is paying up to $150 million for the company, which uses predictive AI to remove threats from email inboxes in real time.