As we end the festival of Chanukah, this week’s Legally Israel news roundup looks at more miraculous transactions announced over the past week – among them the USD 1.4 Billion SPAC merger for Israeli lidar start-up, Innoviz, represented by Latham & Watkins’ multiple offices and Meitar, with Erdinast, Ben Nathan, Toledano & Co. advising Vertex Ventures, Magma Venture Partners and Amiti as investors. After FIMI launched its largest ever fund last week, this week FIMI sold Rivulis to Singapore’s government investment company Temasek at a company valuation of USD 450 million – with Naschitz Brandes Amir advising. Tulchinsky Stern Marciano Cohen Levitski & Co. has also represented Bank Hapoalim in a groundbreaking project to launch a network of blockchain-based digital guarantees.
Following our exploration of the synergies between Israel and the United Arab Emirates in last month’s IsraelDesks Magazine, we catch up with leading lawyers in the UAE – at Clyde & Co., Dechert, Ibrahim & Partners and BSA Ahmad Bin Hezeem & Associates to find out their thoughts as we head into 2021.
And, lastly, rankings – with emails concerning Israel Desks League Tables 2021 to be sent out next week, one of its stars Wylie Levone at Hogan Lovells has left the firm to go in-house, with the Israel contact set to be New York partner, Michael Szlamkowicz. Mergermarket’s awards were also unveiled – White & Case took the M&A Award for the MENA region while Meitar took the Israeli crown- and a batch of other rankings were released.
Click here to read the edition: https://tinyurl.com/y8c67njd