Generation Capital mulls investing in Partner's fiber-optic network
Generation Capital mulls investing in Partner fiber-optics Partner seeks an investor to take a 20% stake in its fiber-optic venture, with a view to a spin-off and flotation. Generation Capital is one of the candidates for investment in Partner Communications Ltd.'s (Nasdaq: PTNR; TASE: PTNR)) fiber-optic project. Partner is in the midst of a tender the aim of which is to bring a partner into the project, in order to expedite the rollout of its fiber-optic network. Partner has stated that it seeks a partner to take a 20% stake in the venture. RELATED ARTICLES The idea is to spin-off the activi...
Source: globes.co.il