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Wireless

Searchlight increases Bezeq Israel bid

Wednesday 6 March 2019 | 11:05 CET | News
US fund Searchlight Capital Partners has raised its bid for the controlling stake in Bezeq Israel, Globes reported. The fund is seeking to buy the holdings of Internet Gold Golden Lines in B Communications, which controls Bezeq. Searchlight has made a "last and final" offer of ILS 20 per B Communications share, which compares with ILS 17 in the previous offer, and an upside mechanism worth up to an additional ILS 8 per share.

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Categories: Mobile & Wireless
Companies: B Communications / Bezeq / Internet Gold Golden Lines
Countries: Israel
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