Pinch punch, the first of the month, and as we roll into October, Israeli law firms are still punching in on some large deals. Israeli fintech company Pagaya looks set to enter a USD 9 Billion SPAC deal with EJF Acquisition Corp., represented by Herzog Fox & Neeman in what would be the largest SPAC transaction to date.
Korean giant LG has made its first Israeli acquisition, buying 64% of cybersecurity for vehicles company Cybellum Technologies for USD 140 million, with Gornitzky & Co involved in the transaction.
Motorola, represented by Erdinast, Ben Nathan, Toledano & Co. With Hamburger Evron, sells portfolio company Agent Video Intelligence to Swedish Irisity, in yet another Israel/Nordic related deal.
H-F & Co. has advised Akamai Technologies on its landmark USD 600 million+ acquisition of Israel’s Guardicore, represented by Meitar, and Taylor Wessing represented the investment groups – Shore Capital and Stifel – in the USD 354 million placing and retail offer for Kape Technologies, while the US capital markets are increasingly the option for Israeli biotech companies, as explained by Pearl Cohen in an article this week in Calcalist.
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https://mailchi.mp/d12ec00b4e51/legally-israel-news-roundup-4906314
