Front > MERGERS & ACQUISITIONS

MERGERS & ACQUISITIONS

Regulator approves WeSure takeover of Ayalon

After Ayalon complied with the Concentration Law and WeSure's owners received a control permit, the NIS 463 million deal can be completed.

Rani Zim  credit: Eyal Izhar Rani Zim sells Office Depot to UMI

The deal values Office Depot Israel at NIS 80 million, of which Zim will receive NIS 35 million, as the chain has NIS 45 million debt.

HSBC Tower, Manhattan  credit: Shutterstock, Roman Tiraspolsky Property & Building seeks loan as HSBC Tower sale falls through

Property & Building needs to finance its purchase of Aaron Frenkel's 37.2% stake in Bayside.

Augurey and Seebo founders Credit: Kobi Sharvit Augury buys Israeli industrial AI co Seebo for $140m

The two Israeli companies will combine to provide an AI-driven view into the diverse factors that influence overall production health.

Ofir Zemer  credit: PR Qualcomm set to buy Israeli startup Cellwize

Cellwize deals in cellular network optimization. The acquisition price is estimated to be in the low hundreds of millions of dollars.

Yuval Cohen, Fortissimo  credit: Shlomi Yosef Telrad Networks sold for NIS 199m five years after IPO

The purchaser is Liquid Intelligent Technologies, whose main market is in sub-Saharan Africa.

Yaron Adiv and Kidan Dahari  credit: Smadar Halevi Tnuport owners make counter bid for Norstar

The offer by Kidan Dahari and Yaron Adiv is higher than the one by Israel Canada, and could lead to a battle that will raise Norstar's price.

Asaf Tuchmair and Barak Rosen  credit: Eyal Izhar Israel Canada launches takeover bid for Norstar

The share price of Norstar, which controls real estate company Gazit Globe, has shot up 14% in the wake of the bid.

Eido and Yitzhak Hagag credit: Shay Tamir Hagag Group completes Bazan purchase from Israel Corp

Hagag Group has bought 16.7% of Haifa oil refinery company Bazan from Israel Corporation, controlled by Idan Ofer, for NIS 555 million.

Qumra Capital   credit: PR Qumra Capital makes bid for NSO unit Convexum

Qumra Capital has submitted an offer to Convexum's trustee to inject tens of millions of dollars into the drones defense technology company.

Yoram Naveh  credit: Cadya Levy Clal Insurance set to buy credit card co Max

Clal Insurance Enterprise Holdings has signed an MOU with Warburg Pincus and its partners to buy Max for NIS 2.47 billlion.

Turn/River Capital buys cybersecurity co Tufin for $570m

The US software investment company is paying a 44% premium on the Israeli company's closing share price on Wall Street yesterday.

Exit Photo: Thinkstock ITT buys kibbutz valve company Habonim for $140m

Based on Kibbutz Kfar Hanassi, Habonim designs and manufactures valves, valve automation for the gas distribution (including LNG), biotech and harsh application service sectors.

Adv. Michal Cohen  credit: Avigail Piperno-Beer Competition Authority toughens merger disclosures

The new merger application regulations are part of the plan to tackle excessive concentration in Israel's food market.

Iris Shoor  credit: Ravit Turkiya The serial entrepreneur not dreaming of unicorns

After selling Oribi to LinkedIn for $100 million - her third exit - Iris Shoor talks to "Globes" about the danger of growing too fast, and her very individual goals.

Granulate founders Tal Saiag and Asaf Ezra Intel buys Israeli cloud optimization co Granulate

Intel has not disclosed financial details of the deal, but the price is estimated at some $650 million.

Nir Altschuler Photo: Eyal Izhar $500m CartiHeal sale to go ahead after FDA approval granted

US orthologics company Bioventus is acquiring the Israeli cartilage implants company for $350 million, plus $150 million from future revenue.

Steven Mnuchin Photo: Reuters Mnuchin's Liberty Fund buys control of Zimperium for $525m

The Israeli-founded startup provides cybersecurity for mobile phones.

Pini Yakuel Photo: PR CRM marketing co Optimove buys UK co Kumulos

The acquisition furthers Optimove’s efforts to expand the native messaging capabilities of its customer relationship management (CRM) marketing platform.

Brothers Eido and Yitzhak (Zahi)  Hagag  credit: Tal Cicurel Hagag Group set to buy Bazan stake from Israel Corporation

Real estate company Hagag Group has signed an MOU with Israel Corporation covering 16.69% of petrochemicals company Bazan.

Uri Marchand Photo: Michael Topiol Overwolf buys UK gaming monetization co Tebex

The acquisition supports the Israeli company's overall aim of uniting the in-game creator community and empowering them to earn a livelihood from gaming.

SentinelOne on Wall Street Photo: PR SentinelOne to buy US co Attivo Networks for $617m

The Israeli cybersecurity company says the acquisition will expand its annual market by $4 billion to include rapidly growing areas of identity security.

Freshmarket owners  Yossi and Shlomi Amir Photo: Freshmarket Paz seeks to nix Shufersal takeover by Amir brothers

Paz says that Yossi and Shlomi Amir signed a non-compete agreement when it bought Freshmarket from them.

Daniel and Michael Salkind  credit: Israel Hadari Salkind bros promoting sale of Cellcom to Hot

Accounting firm EY is attempting to structure a deal whereby Hot will buy Cellcom and sell Hot Mobile, while Cellcom sells its television activity.

Nvidia California HQ Photo: Shutterstock Michael Vi Nvidia acquires Israeli cloud storage co Excelero

The engineering team and founders of the Tel Aviv-based high-performance software-defined block storage developer will join Nvidia Israel.

Yigal Rotem Photo: Tamar Matsafi Shift4 buys Israeli fintech co Finaro for $575m

US fintech company Shift4 said Herzliya-based Finaro will provide technology to drive its ambitions, which include clearing for SpaceX's Starlink satellite Internet service.

Ben Volkow Photo: Otonomo Otonomo buys UK connected insurance co The Floow

Israeli vehicle data platform Otonomo and The Floow will offer connected insurance solutions powered by the full spectrum of data sources.

Irish Shoor Photo: PR LinkedIn buys Israeli marketing analytics co Oribi

The acquisition will provide an analytics system for ads on LinkedIn that is in many ways similar to Google Analytics.

El Al aircraft  credit: Yoav Yaari El Al's share price up 70% since December

With its prospects ranging from extinction to new opportunities as pandemic-related restrictions are lifted, El Al's share price has been correspondingly volatile.

Radware buys Israeli cybersecurity co SecurityDAM

Radware said that the $42.5 million acquisition is part of its strategic initiative to accelerate the growth of its cloud security service business.

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018