0
General

Bezeq owner gets new takeover offer of ILS 300 million

Monday 8 April 2019 | 16:00 CET | News
Bezeq Israel announced that it has received notice from Internet Gold-Golden Lines and B Communications, the indirect controlling shareholders in the company, that TRYMG International Communications, formerly Zeevi International Communications, want to purchase all the shares of Internet Gold-Golden Lines as part of a debt settlement for Internet Gold. If Internet Gold's board and debtholders approve the basic tenets of the offer in the next eight days, they will start accelerated negotiations to formulate a detailed arrangement. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: B Communications / Bezeq / Internet Gold
Countries: Israel
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Bezeq parent bondholders prefer Searchlight bid to Zeevi

Published 18 Apr 2019 11:40 CET | Israel
The bondholders of Internet Gold Golden Lines, the controlling shareholder of Israeli operator Bezeq, have voted on the bids ...

Bezeq owner gets new takeover offer from Searchlight

Published 11 Apr 2019 12:48 CET | Israel
Bezeq Israel announced that it has received notice from its controlling shareholders Internet Gold-Golden Lines and B ...

Bezeq drops plan for capital increase after shareholder dissent

Published 09 Apr 2019 09:11 CET | Israel
Bezeq Israel announced that it is scrapping plans to increase the company's equity. The proposal for a rights issue was removed ...

Bezeq shareholder B Communications halts debt repayments

Published 25 Mar 2019 08:53 CET | Israel
B Communications, the controlling shareholder of Israel operator Bezeq, has halted payments to its bondholders, Globes reported. ...

Internet Gold delays payment to bondholders

Published 22 Jan 2019 14:04 CET | Israel
Internet Gold has announced that its board of directors had decided to halt payments to its series C and D bondholders and to ...

Internet Gold says no bids submitted for acquisition of B Communications

Published 17 Jan 2019 09:55 CET | Israel
Internet Gold said that no bids had been submitted in the auction to acquire B Communications (B.Com) and that it would probably ...

Israeli court suspends talks for sale of B.Com shares by Internet Gold

Published 19 Jun 2018 15:23 CET | Israel
An Israeli court has issued a temporary injunction suspending ongoing talks for the sale of a stake in Bezeq's controlling ...

Bezeq owner in advanced talks to sell to Neuman Group

Published 18 Jun 2018 09:24 CET | Israel
Bezeq Israel announced that it has received notice from Internet Gold, the indirect controlling shareholder in the company, ...