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Home BUSINESS NEWS FROM AROUND THE WORLD

Xfone sale to be decided this week

by 198usanews_v1nkmf
August 22, 2021
in BUSINESS NEWS FROM AROUND THE WORLD
1 min read
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Adv. Amit Lederman, who’s managing preparations for Xfone, as we speak offered the varied provides for buying the corporate as a part of the collectors assembly as we speak.

In accordance with sources that took half within the assembly, there have been arguments over the varied provides and representatives of the staff additionally participated in discussions to make sure worker rights when the corporate is offered. Representatives of Accomplice Communications Co. Ltd. (Nasdaq: PTNR; TASE:PTNR) took half within the assembly and confirmed that they’ve bid to purchase Xfone.




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After discussions, it was determined that every one the provides and clarifications about provides will likely be accomplished by Wednesday and the collectors will reconvene on Thursday to conclude discussions concerning the telecom firm’s future. A bunch of traders represented by Itzik Ben-Eliezer, a former CEO of Xfone, has pledged to reveal full details about their provide by Wednesday, following a request from Advert. Lederman.

Cellcom Israel Ltd. (NYSE:CEL; TASE:CEL) has additionally bid to purchase Xfone and Sizzling Telecommunications can be desirous about shopping for Xfone’s landline actions.

Revealed by Globes, Israel enterprise information – en.globes.co.il – on August 22, 2021

Copyright of Globes Writer Itonut (1983) Ltd. 2021


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