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From the news

Recent transaction and litigation

Publications

TheMarker, January / 2013

When Silence is Harmful

In a landmark ruling of the National Labor Court on workers’ rights to unionize, the court determined that an employer may not state its position on the intention of employees to unionize, as this may exert pressure and undue influence on the exercise of their rights. Rami Landa, Head of Meitar’s Employment and Benefits Group, posits that this silence could in fact work to the employees’ detriment, such as cases when an acquisition is being negotiated and unionization would put the negotiations, and the employees’ potential financial gain, in peril.
For the full article in Hebrew,

November / 2012

Representation of Retalix in its acquisition by NCR Corporation for $800 million

Meitar represented Retalix a leading global provider of innovative retail software and services in its acquisition by NCR Corporation for approximately $800 million in an all cash transaction. The transaction is expected to be completed in the first quarter of 2013.

November / 2012

Representation of Bitan Wines food chain

Meitar represented Bitan Wines food chain in its acquisition of Zim Marketing Ltd., the owner of the “Half-Off” food chain, to become the third largest retail chain in Israel.

November / 2012

Representation of the shareholders of DesignArt in its acquisition by Qualcomm

Meitar represented Carmel Ventures and Magma Ventures, shareholders of Israeli chip company DesignArt, in its acquisition by Qualcomm – the world leader in 3G and next-generation mobile technologies.

November / 2012

Advising Cisco in its Acquisition of Intucell

Meitar acted as local counsel for Cisco in its acquisition of Intucell an advanced self-optimizing network (SON) software privately held Israeli company.

November / 2012

Representation of Nolio in its acquisition by CA Technologies

Meitar represented Israeli app deployment and management company Nolio in its acquisition by IT software giant CA Technologies.

November / 2012

Representation of Rhone Capital

Meitar represented New York/London-based private equity firm Rhone Capital LLC in its acquisition of the European and Israeli operations of Eden Springs for approximately $90 million, based on an enterprise value of Euro 300 million.