As we head into 2022, there are some encouraging and positive signs. Global M&A activity has smashed all-time records to top USD 5 Trillion, with Israel recording the highest deal total in a decade.
A landmark transaction in the energy sector, Meshek Energy is destined to become one of the largest energy companies after acquiring 40% of Dalia Energy (with Herzog Fox & Neeman acting for Meshek Energy, Lipa Meir, and Gross Law Firm – GKH acting for Mishkei Hakibuzim). There was one of the largest real estate transactions in recent history as income-producing property company, Bayside Land Corp was sold for NIS 3.1 Billion (with Lipa Meir, Agmon & Co. Rosenberg Hacohen & Co., and Gross Law Firm – GKH involved).
The largest single investment round in the cultured meat industry took place with Future Meat Technologies raising a whopping USD 347 million (with Erdinast, Ben Nathan, Toledano & Co. With Hamburger Evron advising). The TASE was busy with Epitomee Medical completing a NIS 162 million IPO (with Shibolet advising) and Israeli rail cyber start-up Cylus raised USD 30 million to help protect trains and metros worldwide (with Yigal Arnon representing).
In other news, Asserson’s US Litigation and Dispute Resolution practice launched and Herzog Fox & Neeman’s Tech division team partnered with Frost & Sullivan Israel to present the Israeli Venture Ecosystem Report 2021.
Happy New Year!
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