ISRAEL
86
Legal Business
April 2015
Chinese government. ‘It is emblematic of
the increasingly close relationship between
the two countries,’ Jaffa says.
Beyond China, there has been curiosity
from other Asian states in Israel’s dynamic
economy. Clifford Davis, a partner at S.
Horowitz & Co, one of the largest firms
in Israel, says that he worked on four
transactions in a month involving Japanese
companies. In 2014, e-commerce giant
Rakuten acquired Israel messaging app
company Viber Media for $900m. Viber was
advised by White & Case, with GKH Law
Offices, Linklaters, and Morrison & Foerster
representing Rakuten.
While having a tight nexus with the
world’s leading economic superpowers, such
as the US, China, Japan and the European
Union, Israel is also making a play for the
developing world.
Steven Berelowitz, a partner at Tel Aviv
firm Hamburger Evron & Co, says that over
the past decade exports from Israel to Africa
have increased from approximately $370m
to some $1.3bn. He believes that a slight
decline in trade in the last couple of years
‘There are more and
more opportunities
and actual deals
between Israel
and China.’
Yoav Sade,
Meitar Liquornik
Geva Leshem Tal
u
Announcement Target
Target dominant
Target legal advisers
Bidder
Bidder dominant
date
geography
geography
22/05/2014
Tnuva Food Industries
Israel
Meitar Liquornik Geva Leshem Tal
Bright Food (Group)
China
(56.1% stake)
14/02/2014
Viber Media
Israel
White & Case
Rakuten
Japan
01/10/2014
Jiangsu Anpon Electrochemical
China
ADAMA Agricultural
Israel
Co; Jiangsu Huaihe Chemical
Solutions
Co; Jiangsu Maidao
Agrochemical Co;
Jingzhou Sanonda Holdings
07/07/2014
SPTS Technologies Group
UK
Osborne Clarke
Orbotech
Israel
10/07/2014
Veolia Environnement (water,
Israel
Oaktree Capital Group
US
waste and energy business
in Israel)
30/05/2014
Wilocity (undisclosed stake)
Israel
Sharir, Shiv & Co; Wilson Sonsini
Qualcomm Incorporated
US
Goodrich & Rosati
16/12/2014
Yunnan Yuntianhua Co
China
Fangda Partners
Israel Chemicals
Israel
(15% stake)
11/12/2014
SCR Engineers
Israel
Zellermayer Pelossof Rosovsky Tsafrir
Allflex Group
New Zealand
Toledano & Co
06/05/2014
Coral-Tell Internet Services
Israel
Meitar Liquornik Geva Leshem Tal
Axel Springer Digital
Germany
Classifieds
13/11/2014
Aorato
Israel
H-F & Co
Microsoft Corporation
US
ISRAEL: DEALS IN 2014
