From the news

Recent transaction and litigation

Publications

November / 2009

Representation of Attenti Holdings SA in its acquisition by 3M Co. for $230 million

Meitar represented Attenti Holdings SA and its shareholders (led by private equity fund Francisco Partners) in a transaction in which 3M purchased Attenti’s shares for $230 million. Attenti, which before its acquisition by Francisco Partners in early 2009 was a public company traded in London, is a private company, engaging in the research, development, sale and maintenance of electronic people-monitoring technologies.

November / 2009

Representation of Bunzl Plc in its acquisition of Silco

Meitar represented Bunzl, an LSE multi-billion traded company, which is a leading specialist distribution group supplying a broad range of non-food consumable products, in its first acquisition in Israel. The acquired company, Silco, is a leading distributor of food service disposables.

November / 2009

Representation of Amdocs in its sale of 81% of its holdings in its Chinese business for $27 million

Meitar represented Amdocs in a transaction for the realignment of its strategy in China, pursuant to which Amdocs sold 81% of its holdings in Longshine, its Chinese subsidiary, for approximately $27 million.

November / 2009

Representation of F.T.T. Investments B.V., in the sale of Elettra to France Telecom

F.T.T. Investments of the Fishman Group held a 30% interest in Elettra (a provider of a range of marine activities, including survey, installation and maintenance of submarine systems) with the remaining interests being held by Telecom Italia. In September 2010, Elettra was sold for Euro 62 million.

November / 2009

Representation of Red Bend Software in its acquisition of VirtualLogix

Meitar represented Red Bend, an Israeli venture-backed private company, in its acquisition of VirtualLogix Inc., a Delaware corporation, in consideration for newly issued Red Bend shares.

November / 2009

Representation of NICE Systems in its acquisition of e-Glue for $29 million

Meitar represented NICE Systems, in its acquisition of e-Glue Software Technologies, Inc. for approximately $29 million. NICE is an Israeli company whose shares are listed for trading on the NASDAQ and the Tel Aviv Stock Exchange, and a leading global provider of internet-based solutions that enable enterprises and security organizations to extract insight from interactions, transactions and surveillance.

November / 2009

International Three Crown Petroleum

Meitar represented International Three Crown Petroleum and Israel Petroleum Company, private oil and gas exploration and exploitation companies, before the Supreme Court and the newly-established Economic Division of the Tel-Aviv District Court (in its first decision ever). Both courts accepted Meitar’s arguments and rejected the motion of Bontan Corporation (OTC: BNTNF) for a temporary injection aimed to prevent a transaction with an Israeli public shell company.