Bezeq Shares Sold for USD 250m

Categories: Capital Markets

B Communications, an Israeli holding company, sold 160 million shares of Bezeq Israeli Telecommunication Corp Ltd., raising approximately USD 250 million. Bezeq, listed on the Tel Aviv Stock Exchange, is Israel’s largest telecommunications provider, operating across fixed-line, mobile, broadband, and pay-TV services.

Latham & Watkins has advised Jefferies and Citi, acting as joint bookrunners for B Communications, with a cross-border team led by Joshua Kiernan (London) and Gilad Zohari (Tel Aviv), alongside Frederick Gardner, Jamie Savren, and Irene E. Pistotnik.

Carter Ledyard & Milburn acted as US counsel to B Communications with Shibolet & Co. as Israeli counsel.

Latham & Watkins

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