Israel’s competition agency on Tuesday approved a deal that would allow Searchlight Capital Partners to take control of Israel’s largest telecoms group, Bezeq Israel Telecom.
A spokeswoman for the Antitrust Authority said there were no issues with the proposed deal made a month ago, in which Searchlight will inject 640 million shekels ($180.5 million) into B Communications whose single asset is a 26.34% controlling stake in Bezeq.
Full Content: Reuters
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