From the news

Recent transaction and litigation

Publications

November / 2010

Representation of MobileAccess in its acquisition by Corning Inc. for $175 million

Meitar represented MobileAccess a leading provider of wireless network solutions in its acquisition by Corning Inc. for approximately $175 million.

November / 2010

Kibbutz Magal in its sale to Permira

Meitar represented Kibbutz Magal one of the shareholders of Netafim, in the sale of a controlling interest in Netafim Ltd. to Permira Fund, one of the largest European private equity funds.

November / 2010

Advising the underwriters in a $84 million public offering by Orbotech of ordinary shares

Meitar represented JP Morgan and Barclays Capital as underwriters of the $84 million public offering of ordinary shares by Orbotech on Nasdaq.

November / 2010

Representation of Altice securities in the sale of Mirs Communication to Hot Communication

Meitar represented the Altice Fund of Patrick Drahi in the sale of Mirs Communications, an Israeli cellular operator, to Hot Telecommunications, Israel’s largest cable television company, for a price of up to $300 million.

November / 2010

Advising the underwriters in a $5 billion debt offering by Teva Pharmaceutical Industries

Meitar represented Barclays Capital, Citigroup, Goldman Sachs and Morgan Stanley as underwriters of the $5 billion debt offering by Teva Pharmaceutical Industries (November 2011).

November / 2009

Meitar attorneys block a hostile attempt to take over Sella Capital

Meitar’s litigation group obtained a seminal decision from the Tel-Aviv District Court on behalf of Sella Capital (TASE: SLARL), an Israeli real estate investment trust (REIT), blocking a hostile takeover attempt commenced in the form of a scheme of arrangement. The District Court ruled in favor of Sella, holding that a scheme of arrangement requires the consent of the company board of directors, and therefore can not be used for hostile takeovers.

November / 2009

Representation of Amdocs in its $104 million cash acquisition of UK-based MX Telecom

In March 2010, MX Telecom was acquired by Amdocs, an NYSE traded company which is a leading global provider of billing solutions. MX Telecom is a global aggregator providing connectivity and infrastructure, and facilitating payment and digital content delivery, to enable businesses to take advantage of mobile technology.