OpenWeb acquires a publisher tech firm for $100M

Congratulations to our client OpenWeb on its recent acquisition of Jeeng, a proprietary platform for audience management, for $100 million! The transaction was led by our partners Yair Geva and Nathan Wiesenberg, Lior Katz and associate Nesimyan Adawi. Special thanks go to our deal team members for their amazing work: partners Dr. Ehab Farah, Shachar Porat, Maayan Hammer-Tzeelon, Adar Bengom (Ortal) and Dan Shalev, and associates Zahava Moerdler, Niran Ferman, Roni Zis, Adi […]

Tel Aviv Young Arbitral Forum

The Tel-Aviv Arbitration Week is just around the corner! On Sunday, 26 February, the Tel-Aviv Young Arbitral Forum kicks off the events with a networking lunch at Herzog Tower followed by a stellar line-up of speakers discussing ethics in arbitration. Secure your spot >> register here  

These Uncertain Times: How War, Pandemic, and Economic Upheaval are Affecting the World of Commercial Relationships and Disputes

Hosted by Herzog, Skadden and Homburger 11:30 Registration and Buffet Lunch 12:00 Opening Remarks Speaker: Joseph (Yossi) Ashkenazi, Herzog Fox & Neeman, Tel Aviv 12:10 Presentation of Key Note Speaker, Moderator and Panelists Speaker: Gregory A. Litt, Skadden, Arps, Slate, Meagher & Flom, New York 12:20 Key Note Speaker Speaker: Dr. Roy Schöndorf, former Deputy […]

News for Global Funds Managers

Dear clients, The Israel Securities Authority (the “ISA‘) published a Q&A (the “Q&A“), following the publication of an updated circular for registered fund managers (including foreign fund managers) and trustees on the list of characteristic titles for the purpose of classifying funds (the “Publication“). While the Publication states that the updated list will come into […]

Global M&A- How to Get to the Finish Line in 2023

Valuations, Economic Downturn and Aborted Transactions. 22/02/2023 | Wednesday 9am-12:30pm | Herzog Tower, 6 Yitzhak Sade St Tel Aviv Please join us on February 22 for the Global M&A – How to Get to the Finish Line in 2023 seminar, co-hosted with DLA Piper and the ACC Israel. The seminar will focus on the state of […]

Collective agreement for Israel Railways

After 4 years of continuous negotiations in which we accompanied Israel Railways in front of the workers’ council and the workers’ union – we are pleased to announce that a very important collective agreement has been reached which will resolve the disputes between the parties. Over the years, we have acted with Israel Railways on […]

The Climate of Business and the Business of Climate

Join the conversation about the climate of business and the business of climate! What are the main trends expected in climate tech and carbon markets in the near future? What action can corporations take to achieve their climate goals? And how can governments and regulators support climate action in the business sector through incentives? These are some […]

“International Comparative Legal Guide – Environmental, Social, and Governance Law 2023”

We are pleased and privileged to announce that our firm has been selected to write the Israeli chapter in the prestigious Global Legal Group’s  “International Comparative Legal Guide – Environmental, Social, and Governance Law 2023”. Our team was led by partners Livnat Ein-Shay Wilder, Janet Pahima, Liat Maidler, and associate Nahum Mittelman. To read the Israeli chapter on the ICLG […]

$800 million Senior Bond Offering for Israel Discount Bank

Herzog acted for Citi, Barclays and Jefferies as underwriters of an $800 million senior bonds offering by Israel Discount Bank. This is the first international bonds offering for Israel Discount Bank and one of the largest offerings by an Israeli bank. The offering was led by Ron Ben-Menachem (capital markets), Nir Dash (capital markets), Mohammad Mawasi (capital markets), Irit Roth (banking), Dr. Ehab Farah (tax), and Fanny Elgrably (capital markets). A shout out to […]

American Express acquires 100% of the issued shares of Nipendo Ltd.

It is our pleasure to inform you that our client, American Express, has signed an agreement to acquire 100% of the issued shares of Nipendo Ltd., a company automating and streamlining business-to-business payment processes worldwide! We would like to thank our partners Yair Geva, Asaf Nahum, Shachar Porat, Maayan Hammer-Tzeelon, Amir Cooper, Ofer Granot, Dafna Amster Kahn and Tslil Bar Bainvol, as well as our associates Ben Pask, Dor […]

International $500 million green bonds offering

Herzog acted for Bank Leumi in its international $500 million bond offering. This is the first green bond offering by Bank Leumi and the proceeds (or an equivalent amount), will be used to finance green projects. This complex transactions required specialists from our capital markets, banking and tax teams. The transaction was led by Ron Ben-Menachem (capital markets), Nir […]

retrain.ai has been named one of Israel’s ten most promising startups!

Congratulations to our client, retrain.ai, for being chosen as one of the ten most promising startups in Israel based on the election of around 90 international and local VCs and for closing an additional $14 million investment round led by Radical Ventures. Retrain was established in 2020 and is a leading AI-driven Talent Intelligence Platform. From […]

Phoenix and Clal invest in Mayer Cars & Trucks

We would like to extend our congratulations to both of our clients, the Phoenix Insurance and Clal Insurance on each of their separate investments in Mayer Cars & Trucks, totaling in an amount of over NIS 800 million! As part of its investment, Clal will purchase 5.6% of Mayer Cars & Trucks in consideration for […]

 Dr. Ruth Dagan in an interview with Corin Degani published in TheMarker

“The business sector has a central role in the transition to a decarbonized economy, a process which will accelerate over the course of the coming decade. Global carbon markets are a tremendous lever for financing projects and technologies for decarbonization. Corporations that choose to utilize carbon markets for financing the transition to the new economy […]

$42M Series B funding round for BeeHero

We are pleased to announce that our client, BeeHero, has completed a $42M Series B funding round. Convent Capital led this funding round and was joined by General Mills, Cibus Capital (formerly ADM Capital), Rabobank, MS&AD, Firstime, J-Ventures, Plug&Play, iAngels, Gaingels, UpWest, and others. With Precision-Pollination-as-a-Service, BeeHero helps customers increase crop yields and profits. Using the sensors it places inside […]

$25M convertible loan by Highbridge Capital Management

Herzog acted as Israeli counsel for Highbridge Capital Management in connection with a $25 million senior secured convertible term loan to Gamida Cell Ltd., a Nasdaq listed Israeli company. This deal required the collaborative efforts of our capital markets, banking and finance, and regulatory teams, and was led by our partners Ron Ben-Menachem and Amir Shmueli, as well as associates Mohammad […]

Cannibble signs Definitive Agreement to Acquire Eshbal Functional Foods

Congratulations to our client, Cannibble Foodtech, on signing a definitive agreement to acquire Eshbal Function foods, an Israeli gluten free food tech manufacturer, pursuant to which Cannibble will acquire all the outstanding membership interests of Eshbal in exchange for 51% of the issued and outstanding shares of Cannibble, and subject to the issuance of additional Cannibble shares […]

LEONARDO DRS completed its dual listing on Nasdaq and Tel-Aviv Stock Exchange

Congratulations to our client, Leonardo DRS Inc., a leading defense technology innovator, on completing its dual listing on Nasdaq and Tel Aviv Stock Exchange, following its successful merger with RADA Electronic Industries Ltd. This case was handled by the following Herzog team: Our partners Nir Dash, Ran Hai, Michal Herzfeld, Dr. Yuval Navot, Dr. Ehab Farah, Shachar Porat, associates Michal Gladstein, Ofri Mor, Dvir Uziel, and intern Maya Mazaltov.

Herzog is at the forefront of the climate change fight!

Herzog is taking on the climate change challenge! We recently took part in the Annual Life Sciences Industry Report published by the Israeli Association for Advanced Industries – IATI – Israel Advanced Technology Industries. In the Report, Dr. Ruth Dagan, Head of Herzog’s Environment and Climate Change Practice, together with Adv. Milly Hirschman, discuss the significant contribution of […]

Kubota investing in the Israeli Ag-Tech

Congratulations to Clarifruit for completing a $12 million A round, and to our long-term client – Kubota in Europe, for participating on another Ag-Tech investment in Israel. Covadonga, kawabata masahiro, and Peter- it was a great pleasure to working with you once again. We are proud to assist Kubota on its journey here in Israel, and strongly believe that you are a […]

Raising 2.3 billion NIS through the expansion of two bond series

An electrifying deal It was our privilege to represent the IEC – Israel Electric Corporation Ltd in a particularly successful bond issue, in which the company raised a total amount of approximately NIS 2.3 billion! It is not the first time we have accompanied IEC in public offerings, and this was certainly a large and significant […]

Our congratulations go out to our client, Fremantle, on its acquisition of a majority stake in Silvio Productions

Our congratulations go out to our client, Fremantle, on its acquisition of a majority stake in Silvio Productions, the creative driving force behind hit documentary series such as Shadow of Truth, Baby Daddy, and the Emmy-nominated Buried series. The Herzog team who advised on this transaction included our partner Adam Salkin and associate Nesimyan Adawi. For more information>> click […]

Update on Work Visas for Foreign Experts

Dear Colleagues and Customers, We would like to bring to your attention a number of important changes to the rules for employment of foreign experts that take effect as of January 2023: A. Fee Changes: Fees for work permit applications, visas for entry to Israel, and work licenses have been updated as of January 1, […]