A well established firm, Shibolet & Co have been active in the M&A arena. On the buy side, the team advised mobile network provider Ceragon in the acquisition of the Norwegian company Nera Networks from Altek for $56 million in January 2011....
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A well established firm, Shibolet & Co have been active in the M&A arena. On the buy side, the team advised mobile network provider Ceragon in the acquisition of the Norwegian company Nera Networks from Altek for $56 million in January 2011. The firm also advised US company Mytopia in selling its online social games business to a wholly-owned subsidiary of 888 Holdings for $18 million and an additional potential payment of up to $30 million based on the success of the acquired business during 2011.
Project finance work has provided the firm with several areas of activity. In the renewable energy sector the firm acted for FK Generators, which erected a $55 million 140MW and a $24 million 70MW power plant in Brazil. The firm is also assisting the company in developing photovoltaic power plants in Israel.
Clients singled out partner Richie Roberts as an energy expert and said he offered exemplary advice. "He's excellent, in case I have something like that or a more regulatory matter, he would be one the people, first and foremost, I would call."
Elsewhere in project finance work, the firm is representing the NTA-Metropolitan Mass Transit System, the government owned company in charge of the planning and implementation of a network of mass transit urban lines in Tel Aviv, which is expected to cost $3.3 billion.
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