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Announced

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

Synopsis

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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