Israeli startup exits have raised $3.8 Billion so far in 2015, more than 2014
Israel tech companies raised $9.8 billion through 18 initial public offerings, up from just $1.2 billion the year before. Mobileye, the maker of anti-collision technology, accounted for $890 million of More...
Mylan to pitch today to Perrigo shareholders in hostile takeover bid
The hostile takeover bid for Perrigo Co. PLC continues with Mylan NV hosting a Tuesday, 5 pm, conference call to pitch the buyout to Perrigo shareholders. Perrigo has rejected the $27 billion buyout More...
Mylan Begins $27 billion Hostile Bid for Perrigo
Mylan N.V. on Monday announced that it has officially took its $27 billion takeover bid directly to shareholders of Perrigo Company plc (NYSE: PRGO; TASE). In April 29th Mylan made the same offer, More...
Fiat Chrysler Automobiles to wait until Ferrari spin off for GM merger
Fiat Chrysler Automobiles will likely wait until the spin off of its Ferrari brand next year to make a bid to merge with auto giant General Motors, a new report finds. FCA CEO Sergio Marchionne has made it clear More...
Patrick Drahi Teams Up With Weill on $670 Million NextRadioTV Offer
French-Israeli tycoon Patrick Drahi and the controlling shareholder of NextRadioTV, Alain Weill, agreed to create a joint company in which Mr. Weill would control a 51% stake and Mr. Drahi the rest, according More...
Record $5.29 billion in exits for Israel’s high-tech industry in H1/2015: 76% of 2014
Average exit in H1/2015 was 51% above the 2014 average H1/2015 is the second strongest half year for M&A activity in six last years Temporary slowdown in IPO activity – only 6% of total exit proceeds More...
Teddy Sagi’s Playtech continues FX acquisition spree, buying Israeli AvaTrade for $105 million
Playtech Cyprus Ltd. (LSE:PTEC), controlled by Teddy Sagi, announced that its subsidiary TradeFX will buy Israeli company Ava Trade for $105 million. Founded in 2006 by CEO Emanuel Kronitz and CMO Negev More...
Eighth Acquisition this year: Frutarom acquires US flavors Company Foote & Jenks
Frutarom acquires US flavors Company Foote & Jenks. Major part of F&J sales is to customers in the pharma industry who demand advanced solutions for masking the aftertaste of active ingredients contained More...
Russia’s Uralkali, Uralchem may merge and delist from Moscow and London – Report
Mikhail Prokhorov‘s Onexim Group which owns 20 percent in Russia’s Uralkali, the world’s biggest potash producer, may merge with Russian shareholder Uralchem, the Vedomosti daily reported More...
Three Way Takeover Battle: Statistics weigh against Teva’s Mylan bid succeeding
Will drug company Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) succeed in its attempted hostile takeover of rival Mylan (MYL), or will it be Mylan that succeeds in its own hostile takeover More...