News

| Itamar Ben Yehuda
June 29th, 2017

Gornitzky represents Oron Group Investments and Holdings in a NIS 100 million public offering.

Gornitzky represented the construction company Oron Group Investments & Holdings Ltd. in a NIS 100 million public offering, by expanding existing bonds series, traded on TASE. Oron was represented by Yair Shiloni (Partner) and Itamar Ben Yehuda (Associate).

June 1st, 2017

Gornitzky represents Telrad Networks Ltd. in an IPO on TASE.

Gornitzky represented Telrad Networks Ltd., a global provider of innovative telecom solutions, including wireless communication products, in a NIS 162 million IPO on TASE; the IPO was carried out through a combination of the issuance of shares by the Company, along with an offer for sale of shares by the Company's shareholders.

 

Telrad Networks was represented by Yair Shiloni (Partner), Sagit Amit Evan (Senior Associate) and Itamar Ben-Yehuda and Netalee Aviv (Associates).

January 11th, 2017

Gornitzky represented the Israel Corporation Ltd., the largest shareholder in Israel Chemicals Ltd., in a bond public offering amounting to 810 million NIS

During the month of January 2017 Gornitzky & Co represented the Israel Corporation Ltd., the largest shareholder in Israel Chemicals Ltd., in a bond public offering amounting to 810 million NIS.

 

The Israel Corporation Ltd was represented by Yair Shiloni (Partner) and Itamar Ben-Yehuda.

September 19th, 2016

Gornitzky represented A.D.O. Group Ltd. (TASE:ADO) of the Shikun & Binui Group (TASE:SKBN) in its issuance of public bonds, in which A.D.O. raised NIS 255 million.

Gornitzky represented A.D.O. Group Ltd. (TASE: ADO) of the Shikun & Binui Group (TASE: SKBN) in its issuance of public bonds, in which ADO raised NIS 255 million.
The bonds were secured by shares of its subsidiary ADO PROPERTIES S.A.. a Luxemburg company whose shares are traded on the Frankfurt Stock Exchange.

 

A.D.O. Group Ltd. was represented by Yair Shiloni (Partner), Itamar Ben-Yehuda and Shai Chen.

May 26th, 2016

Gornitzky represented A.D.O. Group Ltd. (TASE: ADO) - controlled by Shikun & Binui Group (TASE: SKBN), in the preparation and filing of a shelf prospectus. 

Gornitzky represented A.D.O. Group Ltd. (TASE: ADO) - controlled by Shikun & Binui Group (TASE: SKBN), in the preparation and filing of a shelf prospectus. Gornitzky advised and represented the company before the Securities Authority and the Tel Aviv Stock Exchange Ltd. in order to publish the prospectus.

A.D.O. Group Ltd. was represented by Yair Shiloni (Partner) and Itamar Ben-Yehuda.

January 12th, 2015

Gornitzky represented Israel Corporation as the conglomerate split itself into two parts, and in the dual-listing of its spin-off, Kenon Holdings Ltd., on the TASE and on the NYSE.

Gornitzky represented Israel Corporation (TASE: ILCO) as the conglomerate split itself into two parts by way of a distribution of a dividend in kind, and in the dual-listing of its Singaporian spin-off corporation, Kenon Holdings Ltd. (TASE: KEN, NYSE: KEN) on the Tel Aviv Stock Exchange and on the New York Stock Exchange.

 

Israel Corporation and Kenon were represented by Pinhas Rubin (Firm Chairman) and Lior Porat (Partner), together with Elite Elkon-May-Tal (Partner), Gil Grady (Partner, tax), Yair Shiloni (Partner, capital markets), Idan Baki (Partner, finance), Avner Finkelshtein (Partner, antitrust), Nurit Traurik (Partner), Ori Yitzhak, Itamar Ben Yehuda (capital markets), Avishai Marom, Amit Levy, Shira Porat (finance) and Natalie Dragot.

January 15th, 2014

Gornitzky & Co. represented A.D.O. Group Ltd. (TASE: ADO) in a NIS 100 million public rights issue offering.

Gornitzky & Co. represented A.D.O. Group Ltd. (TASE: ADO) of the Shikun & Binui Group (TASE: SKBN) in its public rights offering, in which the company raised NIS 100 million in exchange for shares and options.

 

A.D.O. Group Ltd. was represented by Yair Shiloni (Partner) and Itamar Ben Yehuda.

June 6th, 2017

Gornitzky represents Halman-Aldubi Investment House in a merger transaction.

Gornitzky represented Halman-Aldubi Investment House in a merger transaction with a publicly traded company, in which Halman-Aldubi's entire investment activity turned into the public company. Currently, Halman-Aldubi has approximately NIS 14 billion worth of assets under its management.

 

Halman-Aldubi was represented by Timor Belan (Partner), Yair Shiloni (Partner) and Itamar Ben-Yehuda (Associate).

March 7th, 2017

Gornitzky represented ADO Group LTD, from Shikun& Binui group in its issuance of new public bonds series that is supported by securities

Gornitzky represented ADO Group LTD, from Shikun& Binui group in its issuance of new public bonds series that is supported by securities. Within the framework of the issuance, ADO group raised NIS 390 million.

 

ADO Group was represented by Yair Shiloni (partner) and Itamar Ben Yehuda.

 

December 14th, 2016

Gornitzky represented Halman-Aldubi Investment House in a merger with SoHo Real Estate

Gornitzky represented Halman-Aldubi Investment House a merger agreement with SoHo Real Estate. By this merger, Halman-Aldubi, estimated at approximately NIS 141 million, shall turn into a public company, a step that will enable the investment house to grow in additional directions. As of today, the investment house has approx. 14 billion Shekels of assets under management and about 200,000 clients.

 

For further reading in Calcalist (Hebrew)

Halman-Aldubi is represented by Timor Belan (Partner), Yair Shiloni (Partner) and Itamar Ben-Yehuda

May 31st, 2016

Gornitzky & Co represented the Israel Corporation Ltd. (TASE: ILCO) , the largest shareholder in Israel Chemicals Ltd., in two bond issuances of amounting to 1.4 billion NIS.

During the month of May 2016 Gornitzky & Co represented the Israel Corporation Ltd., the largest shareholder in Israel Chemicals Ltd., in two bond issuances amounting to 1.4 billion NIS.

 

The representation included: (a) advising and representing the company before the Securities Authority and the Tel Aviv Stock Exchange Ltd. in order to publish a shelf prospectus, (b) advising and representing the company before the Trustee for bond holders and the Tel Aviv Stock Exchange Ltd., and (c) negotiating with institutional investors, for the completion of the issuance of two series of bonds (one linked to the dollar and another unlinked in shekels) totalling 1.4 Billion shekels, by way of a public offering under the mentioned prospectus.

 

The Israel Corporation Ltd was represented by Yair Shiloni (Partner) and Itamar Ben-Yehuda.

April 16th, 2016

Gornitzky represented A.D.O. Group Ltd. (TASE: ADO) - controlled by Shikun & Binui Group (TASE: SKBN( in two tender offers for its shares, amounting to a total aggregate of NIS 350 million. 

Gornitzky represented A.D.O. Group Ltd. (TASE: ADO) - controlled by Shikun & Binui Group (TASE: SKBN( in two tender offers for its shares, amounting to a total aggregate of NIS 350 million.

 

Gornitzky represented and advised the company's management and Board of Directors in connection with the public offers, the consultation included advising on various aspects of corporate and securities law matters as well as tax matters.

 

A.D.O. Group Ltd. was represented by Yair Shiloni (Partner), Itamar Ben-Yehuda. and Michal Karzbrun

January 22nd, 2014

Gornitzky represented A.D.O. Group Ltd. (TASE: ADO) in its issuance of public bonds, in which ADO raised NIS 100 million.  

Gornitzky represented A.D.O. Group Ltd. (TASE: ADO) of the Shikun & Binui Group (TASE: SKBN) in its issuance of public bonds, in which ADO raised NIS 100 million.  The bonds were secured by shares in a Cypriot company. 

 

A.D.O. Group Ltd. was represented by Yair Shiloni (Partner) and Itamar Ben Yehuda.

September 11th, 2012

Earlier this month, Gornitzky & Co. welcomed a new partner to the firm, Mr. Dubi Gross. Also to join the firm, over the summer, are four new associates.

Earlier this month, Gornitzky & Co. welcomed a new partner to the firm, Mr. Dubi Gross. Also to join the firm, over the summer, are four new associates.

 

Mr. Dubi Gross is qualified as an Advocate in Israel and a Solicitor in England & Wales. Dubi served as an associate at Gornitzky, from 2001-2006, before receiving his LL.M. at the London School of Economics and Political Science. Thereafter, Dubi worked for five years in the Banking & Capital Markets group in the London office of White & Case, where he was involved in various types of financing transactions and debt restructurings in the banking sector.

 

Gornitzky & Co. has also welcomed four new associates to its ranks over the course of the summer: Mr. Tsachi Hoftman, Mr. Itamar Ben Yehuda, Ms. Lior Grinblat and Mr. Avishai Marom.