Our firm represented Yad2, Israel’s largest classified ads website, in its acquisition for approximately NIS 800 million, by Axel Springer Digital Classifieds Holding GmbH, a joint venture 70%-owned by the German media company Axel Springer, publisher of Germany’s best-selling daily Bild and owner of several classified ads websites.
Meitar represented Endemol Group, the world’s largest independent production company in its investment in Reshet, one of Israel’s leading broadcasters. Endemol acquired 33% of Reshet for NIS 100 million and entered into a strategic partnership with Reshet. The transaction, which required regulatory approvals (broadcasting and antitrust), closed in April 2014.
Our firm represented Cyvera, an innovation provider of endpoint cyber defense solutions, in its acquisition by Palo Alto Networks, a global leader in the field of cyber security, for approximately $200 million.
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Our firm represented Barclays and several other underwriters in the $41 million initial public offering of ADSs by Mazor Robotics Ltd. on NASDAQ.
Meitar Represented PrimeSence, 3D sensing technology developer company, in its acquisition by a multinational corporation.
Meitar represented Conduit in its spin-off of ClientConnect, Conduit’s toolbar division, and the subsequent purchase of ClientConnect by Perion Network Ltd., a NASDAQ company, in an all stock transaction. Conduit’s shareholders and option holders received 81% of Perion shares in the transaction, which closed in January 2014.
Meitar represented NYSE-listed Covidien, a US medical device manufacture, in its acquisition of Given Imaging, a medical technology company that develops and manufactures the swallowable imaging capsules for endoscopy, for approximately $1 billion.
