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Golan Telecom agrees to takeover by Cellcom for ILS 590 mln

2020-02-19 08:57:00| Telecompaper Headlines

(Telecompaper) Cellcom Israel said it has entered a binding memorandum of understanding for the purchase of Golan Telecom's entire share capital for ILS 590 million. The agreed deal, subject still to due diligence, sees Golan Telecom rejecting a competing offer from rival Pelephone. 

Tags: ils telecom agrees takeover

 

Pelephone offers ILS 710 mln to acquire Golan Telecom

2020-02-17 11:16:00| Telecompaper Headlines

(Telecompaper) Israeli operator Bezeq said its subsidiary Pelephone Communications has submitted a conditional proposal for the purchase in cash of the entire ownership and control of Golan Telecom for ILS 710 million. Bezeq said this proposal is valid until 15 April and is subject to the fulfillment of various conditions, including signing a binding agreement on terms, if they are agreed, and the approval by the boards of both Pelephone and the company. 

Tags: offers ils telecom acquire

 
 

Conglomerate Elco shows interest in acquiring Golan

2016-09-19 02:00:00| Total Telecom industry news

Holding company reportedly expected to make joint bid with ex-Pelephone CEO.

Tags: interest shows acquiring conglomerate

 

Two in race for Golan Telecom

2016-09-12 02:00:00| Total Telecom industry news

Former Pelephone CEO, fixed-line telco 018 Xfone reportedly in the frame as Golan looks for quick sale.

Tags: race telecom golan

 

Cellcom wins injunction against Golan Telecom/Hot Mobile deal

2016-07-22 02:00:00| Total Telecom industry news

Judge rules in market leader's favour, despite Golan Telecom's claims it felt 'exploited' by takeover deal.

Tags: mobile deal wins injunction

 

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