Partner Communications Updates Regarding A Possible Transaction In The Fiber Optics Field
Partner Communications Company Ltd. - American Depositary Shares, each representing one ordinary share (PTNR)
US:NASDAQ Investor Relations:
partner.co.il/ir-en
Company Research
Source: PR Newswire
ROSH HA'AYIN, Israel, Feb. 21, 2021 /PRNewswire/ -- Partner Communications Company Ltd. ("Partner" or the "Company") (NASDAQ: PTNR) (TASE: PTNR), a leading Israeli communications operator, announces that, following the Company's report dated November 18, 2020, and further to publications in the media, it has received several bids from various investors to acquire 20% of the rights to use the Company's existing and future fiber optic network for services to private households, for a consideration in excess of NIS 550 million.The Company is considering the bids that were received. Insofar as the Company will decide to proceed to the stage of binding offers and towards a transaction, it will continue to report.It should be emphasized that there is no certainty that such a transaction will be executed and/or will receive the required approvals for its completion.Forward-Looking Statements This press release includes forward-looking statements within the meaning of Section 27A of the US
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