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Stock Market & Financial Investment News

News Breaks
April 6, 2014
13:50 EDTCELCellcom Israel announce approval for change of indirect controlling shareholders
Cellcom Israel announced that following its previous reports in relation to the Israeli court's approval of a creditors' arrangement for IDB Holding Corporation, the company received the Ministry of Communications' approval for the indirect control in the company by the Elzstain - Extra group, led by Mr. Eduardo Elzstain and Mr. Mordechai Ben Moshe. Such change of control will occur if and when the creditors' arrangement is consummated.
News For CEL From The Last 14 Days
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August 27, 2015
05:25 EDTCELCellcom Israel announces preliminary review of possibility to buy Golan Telecom
Cellcom Israel announced its intention to review the possible purchase of holdings in, or assets of, Golan Telecom, an Israeli mobile network operator and competitor of the company, following an invitation by Bank Rothschild, representing Golan Telecom's shareholders. There is no assurance that the company will make an offer to purchase Golan Telecom nor as to the execution of such a sale. Finally, the company can provide no assurances as to the impact of this sale, and any potential sale of holdings in, or assets of, Golan, on the parties' agreements or the competitive environment in the market.

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