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Article: Internet Gold - Golden Lines Ltd. Announces That its 75.3% Owned Subsidiary, 012 Smile.Communications Ltd., Will Acquire a Controlling Interest in Bezeq the Israel Telecommunication Corp., Israel's Largest Telecommunications Provider.
- Article from:
- Telecommunications Weekly
- Article date:
- November 11, 2009
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Internet Gold - Golden Lines Ltd. (Nasdaq Global Market and TASE: IGLD), a leading Israeli communications group, announced that its 75.3% owned subsidiary, 012 Smile.Communications Ltd. has entered into a definitive share purchase agreement under which it will acquire a controlling interest of approximately 30.6% in Bezeq The Israel Telecommunication Corp., Israel's largest telecommunications provider from Ap.Sb.Ar. Holdings Ltd. (the Apax Partners-Saban Capital Group Inc.-Arkin consortium), in a cash transaction currently valued at approximately NIS 6.5 billion, or NIS 8.00 per share, representing a 7.0% discount on the shares of Bezeq based on Bezeq's closing share ...
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... ... FirstCall/ -- Internet Gold, (Nasdaq NMS and ... today announced that Smile.Media Ltd ... About Internet Gold Internet Gold is Israel's leading ... related sectors. Its smile.communications ... integration services. Its smile.media segment ... Commerce sites. ...
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