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Economy13:09 · Aug 5Compare full coverage across 3 outlets

Israel Competition Authority Approves Hot Mobile Sale to Delek Israel and Keystone Infrastructure Fund

By נבו שפיר
Translated & summarized from Globes by baba
The story · English

The Israel Competition Authority has approved the merger deal between Delek Israel and Hot Mobile, valuing the transaction at 1.8 billion shekels. Following the deal, Delek Israel and the Keystone Infrastructure Fund will jointly hold a 40% stake in the cellular company, while Leumi Partners will own 20%. The seller in this transaction is the Altice Group, owned by billionaire Patrick Drahi. This approval marks a significant step in the consolidation of Israel's telecommunications sector.

Read the original at Globes
Full coverage · 3 outlets
First: Calcalist · Aug 5

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