Mergers & acquisitions

Minister of Communications Shlomo Karhi has approved the transfer of the controlling shares of Hot Mobile from Altice to a consortium led by Delek Israel, Keystone Infra and Leumi Partners.

Tobie Harris, head of the Authority's Markets Department: Whoever possesses the market data can drive out the competition.

This is the biggest-ever acquisition by the Israeli cashless payment solutions company, which will raise $150 million in debt.

At-Bay operates an insurtech cybersecurity development center in Israel and markets cybersecurity and data security insurance products in the US.

Two weeks after appointing former Mossad boss David Barnea as chairman, Ondas is continuing its spending spree in Israel.

Pool cleaning robots company Maytronics, whose share price has slumped in recent years, says it has had "initial contact only" with private equity firm FIMI.

Decart founders Dean and Orian Leitersdorf and Moshe Shalev still own 64% of the AI startup, which Anthropic is expected to buy for $6 billion.

There is considerable synergy between Decart and Anthropic, which according to Bloomberg is about to make its first acquisition in Israel.

Kedma Capital has sold Multi Retail, which holds the Ace, Betili, and Auto Depot chains, to Ronen Ganon at a 60% premium on the market price.

The Jerusalem-based venture capital fund made what is probably its most profitable-ever exit on Visa’s acquisition of BioCatch.

Supersonic is what was left after Unity decided in March to close down ironSource’s office in the Sarona Tower in Tel Aviv.

The Israeli businessman has signed a non-binding agreement to buy the company which is a partner in Haifa Port.

“Globes” charts the demise of Israeli influencer sponsorship platform StreamElements, which raised $115 million during the Covid pandemic but has now sold its assets for a small fraction of this sum.

Chaim Katzman and Tzachi Abu offer conflicting reasons for the deal's demise, but insist that the break-up was amicable.

The company has raised $115 million to date from venture capital funds and investors and has 400 employees.

Since signing the agreement to sell a stake in G City to Abu's Ari Real Estate, Chaim Katzman has taken various steps seemingly intended to thwart the deal.

The NIS 4.45 billion deal will make Generation Capital subsidiary PowerGen one of the largest energy companies in Israel - if regulatory hurdles can be overcome.

After the all-Israeli deal is completed, Oasis will become an independent unit within Cyera and will continue to operate in the field of securing non-human identities.

Hailo, which raised over $350 million and achieved a valuation of over $1 billion, is being sold for just a small amount, after struggling to produce significant revenue.

The Competition Authority indicated to Melisron that its purchase of 51% of the shopping mall from Migdal would probably not be approved.

Why did the Isracard-Esh Bank deal collapse? Market sources offer various reasons, some saying the sides were very close to agreement.

Keystone unit Keystone Power has signed a term sheet for a NIS 2 billion credit line.

The Israeli edge AI chipmaker, once worth over $1 billion, will now sell its activity for just tens of millions of dollars, sources inform “Globes.”

The acquisition price is NIS 265 million, subject to adjustment in the final agreement, if one is signed

Matrix IT is paying NIS 73 million for 80% of the Tsipori-based company, which which integrates power systems and electro-mechanical components.

The huge all Israeli cybersecurity deal will be in cash with a small amount in Cyera shares, sources have told “Globes.”

A statement from Minister of Defense Israel Katz said that the proposed deal did not preserve Israel's security interests.

Insurance company Migdal is buying 14% of the company at a post-money valuation of NIS 2.325 billion.

The US chip giant will pay over $100 million for the cybersecurity company, which has raised $30 million to date.

The Canadian fintech company is paying a 9.6% premium on Payoneer’s share price on Nasdaq.