PARTNER COMMUNICATIONS ANNOUNCES THE RECEIPT OF THE MINISTRY OF COMMUNICATIONS' APPROVAL WITH RESPECT TO A TRANSACTION TO SELL THE COMPANY'S SHARES UNDER RECEIVERSHIP
Retrieved on:
Wednesday, March 30, 2022
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Telecom Ltd. constituting approximately 27% of the Company's issued and outstanding share capital by Amphissa Holdings Limited Partnership ("the Transaction").
Key Points:
- Telecom Ltd. constituting approximately 27% of the Company's issued and outstanding share capital by Amphissa Holdings Limited Partnership ("the Transaction").
- The Approval allows Mr. Avi Gabbay to join the Partnership in the future as a limited partner and as general partner, directly or through a company under his control.
- Further to the Approval, the Company was notified that the Transaction is expected to be completed on April 4, 2022.
- Partner Communications Company Ltd. is a leading Israeli provider of telecommunications services (cellular, fixed-line telephony, internet and television services).