Searchlight Capital Partners to take control of Bezeq Israed Telecom

Posted by Aktis Team on 16 July 2019

Israel’s competition agency approved a deal that would allow Searchlight Capital Partners to take control Bezeq Israel Telecom. Based on the proposed deal, Searchlight Capital will inject ($180.5 million) into B Communications, whose has 26.34 percent controlling stake in Bezeq, Israel’s largest telecoms group.

Reuters, Steven Scheer and Tova Cohen, July 16th 2019

Topics: News Watch