Announced
Financials
Tags
Failed
Telecom Carriers
Single Bidder
Mobile
Israel
Acquisition
Majority
Friendly
Public
Cross Border
Synopsis
Altice Europe, a convergent company in telecoms, content, media, entertainment and advertising, offered to acquire Partner Communications, a global systems mobile communications operator. The deal was terminated in March 2020 after Partner Communications, which is Israel’s second-largest mobile phone operator, reported a 63% drop in fourth quarter profit and warned of a negative impact ahead due to the coronavirus outbreak.
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