Mergers And Acquisitions

American company Proofpoint is in advanced talks to acquire the Israeli cyber firm Varonis. Following the report, Varonis's market capitalization on Wall Street jumped by 10%.

In recent years, another issue has entered the picture when examining a merger deal: who holds the customer data. A prominent example is the merger between Sugat and the data provider StoreNext, which fell through due to concerns that access to the information would harm competition. Tobi Harris, head of the Markets Department at the Competition Authority, explains in an interview with Globes why...

The energy company Adelteq, controlled by Uri Adelsburg, is conducting initial contacts to acquire 50% of the Hagit power plant from Shikun & Binui Energy. The value of these holdings is estimated at approximately 800 million shekels net.

The Israeli fragrance and flavor manufacturer has grown by 473% over three years, posting a record quarter with a 56% surge in net profit. Despite this, the stock has dipped year-to-date. We analyze the reasons and the key figures that may signal the company's future trajectory.

Deputy CEO and Head of the Business Clients and Partners Division, Odalia Moshe Ostrovsky, will conclude her tenure after two years, during which she also served as CEO of Diners. Her departure follows the resignation of the VP of Human Resources amid ongoing leadership tensions at CAL.

Nofar Energy, controlled by Ofer Yanai, is in advanced negotiations to acquire the energy company Highlight. The potential deal is valued at 100-150 million NIS.

Generation Capital has signed an agreement to acquire the energy arm of Shikun & Binui for 4.45 billion shekels. To secure regulatory approval, the parties have outlined a contingency plan involving asset swaps in power plants, including the Sharon region project, with the participation of Nofar Energy.

Nofar Energy is acquiring a stake in the yet-to-be-built power plant from Phoenix and private owners. The deal includes an option to purchase the entire station should regulators require it.

Ofer Yanai, controlling shareholder of Nofar Energy, is set to increase the company's stake in Ellomay Capital from 46% to 71%. The deal is valued at approximately 250 million shekels.

Nofar Energy has confirmed advanced negotiations to acquire a 47.5% stake in the Reindeer power plant project. The deal to purchase shares from Phoenix and private investors is valued at 855 million shekels.