Leumi to sell a portion of its shares in Partner Communications Partner Communications reports that it has been informed that Leumi Partners, a company wholly owned by Bank Leumi le-Israel B.M., and S.B. Israel Telecom Ltd. entered into a share purchase agreement on January 23, pursuant to which S.B. Israel Telecom will purchase from Leumi Partners 3.2M ordinary shares of the company. According to the share purchase agreement, the minority shareholder rights that were granted to Leumi Partners by Scailex Corporation, in connection with its holdings in the company, shall be terminated as of the closing of the transaction, which is expected to be completed concurrently with the closing of the transaction between Scailex Corporation and S.B. Israel Telecom in the next few days.