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Stock Market & Financial Investment News

News Breaks
May 11, 2014
14:53 EDTCELCellcom Israel announces 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 Ltd., IDB Development Corporation announced that the consummation of the creditors' arrangement has begun and that the control in IDB Development Corporation was transferred to the Elzstain - Extra group, led by Mr. Eduardo Elzstain and Mr. Mordechai Ben Moshe. As a result, the indirect control in the company was transferred to the Elzstain - Extra group.
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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