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New Deal


Announced

Partner Communications to acquire Marathon 018 Xfone for $58m.

Financials

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Transaction Value£42m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Pending

Israel

telecommunication services

Internet

Domestic

Private

Friendly

Acquisition

Majority

Synopsis

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Partner Communications, a provider of global systems for mobile communications, offered to acquire Marathon 018 Xfone, a provider of telecommunication services in Israel, for $58m. Partner will offer at least 70% of Marathon's employees continued employment, under Marathon's obligations and terms, for a period of at least one year, beginning at the date of the purchase. The offer will expire on September 9, 2021.

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