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News Breaks
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February 2, 2012
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| 11:47 EDT |  | PTNR |
| theflyonthewall.com: | Scailex hires investment banks to sell stake in Partner, Globes reports | | Scailex announced in a notice to the Tel-Aviv Stock Exchange yesterday after that market's close that it has hired Deutsche Bank (DB) and Lazard Freres to advise it in the sale of its 44.5% stake in Partner Communications (PTNR), reported Globes. Deutsche Bank will provide a credit line of as much as $1B to the buyer, Scailex said. The statement also noted that Partner could be taken private. Reference Link :theflyonthewall.com |
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