Fortissimo signs agreement to buy Cellcom
The Israeli private equity firm will pay NIS 925 million for a controlling 35.7% stake in the telecom company.
Source: globes.co.il
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Fortissimo outbids Aaron Frenkel for control of Cellcom
Fortissimo has signed an MOU with Discount Investment to buy its 35.6% stake in telco Cellcom at a company valuation of NIS 2.6 billion.
Source: globes.co.il
Discount Investment in talks to sell Cellcom
Discount Investment holds a 36% controlling stake in the Israeli telecom company.
Source: globes.co.il
Carrefour Israel loss narrows
Electra Consumer Products food retail sector saw losses of NIS 7 million in the third quarter of 2023, compared with NIS 51 million before the stores were converted to Carrefour.
Source: globes.co.il
CEO's departure a sign of Carrefour Israel's difficulties
The retail chain, controlled by the Salkind brothers' Electra Consumer Products, racked up huge losses in the first half year.
Source: globes.co.il