Orange Israel is on sale, too
Highly rated gadgets
-
8.0
BlackBerry Motion
-
10.0
Nikon Z 7
-
9.1
Apple iPhone XS
-
8.5
Xiaomi Mi A2
-
9.0
FujiFilm XF10
-
9.0
Panasonic LUMIX LX100 II
-
10.0
FujiFilm X-T3
-
9.1
Apple iPhone XS Max
-
9.0
Sony WH-1000XM3
It’s like everyone’s “trading Oranges” these days. Just recently, we’ve seen Three Austria acquiring the local branch of Orange and now Partner Communications is looking to sell its big stake (44.5%) in Orange Israel.
The company has apparently already hired investment bankers to look at options to get as much money as possible for the mobile network. To sweeten the deal, one of the advisors, Deutsche Bank, said it will offer credit lines of up to $1 billion if necessary to the prospective buyer. Partner Communications’ stake is worth around $590 million, though there seem to be an option to bid for the publicly quotes shares as well. »read more
More at: IntoMobile Add additional source
Filed in: Orange