February Edition 2021

23 As the Coronavirus pandemic stutters on, we check in with some of the leading lawyers in Israel and abroad and ask what were their defining deals that stood out in 2020. Jonathan Morris, Partner and co-chair of the Israel Practice Group, Bryan Cave Leighton Paisner DEFINING DEAL OF 2020 Israel’s deal with Pfizer Israel’s initial deal with Pfizer - whilst the coronavirus remains an enormous challenge for Israel (and the rest of the world) and sadly continues to claim too many lives, this deal represented the first concrete step towards a brighter future and a return to some kind of normality.” The deal to receive 8 million doses of the coronavirus vaccine increased in further in January, with almost three quarters of over 60s having had their first vaccination jab. Dr. Ayal Shenhav, Partner and head of Hi-Tech and Venture Capital practice, Gross (GKH) Law Firm DEFINING DEAL OF 2020 Moovit transaction A USD 1 billion acquisition of Moovit by Intel Capital. There are several reasons for suggesting this transaction: The size of the transaction and being one of a few billion dollar transactions in 2020; The timing – closed in March 2020 at the beginning of Covid 19 proving that even under Covid the Hi-Tech eco system continues to deliver exceptional returns; the Purchaser was Intel Corporation the largest investor in Israel and this acquisition follows on from Mobileye’s USD 15 billion acquisition in 2017; the Sellers (which we represented) included leading Israeli VCs (Sequoia, Gemini, BRM), Strategics (BMW and more); and large amounts paid to founders and employees. DEFINING DEALS OF 2020