On the Record · B Communications

B Communications acquisitions, on the record

The businesses B Communications bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
Bezeq (30.44% controlling interest from Ap.Sb.Ar. Holdings Ltd.) Word for word“On April 14, 2010, we completed the acquisition of the controlling 30.44% interest in Bezeq (TASE:BZEQ), Israel’s largest telecommunications provider, from Ap.Sb.Ar. Holdings Ltd. (a consortium of Apax Partners, Saban Capital Group and Arkin Communications) for an aggregate cash purchase price of approximately NIS 6.5 billion.” 20-F for 2017	acquisition	April 14, 2010	approximately NIS 6.5 billion
additional 0.93% of Bezeq's outstanding shares Word for word“In March 2011, we acquired an additional 0.93% of Bezeq’s outstanding shares for NIS 300 million.” 20-F for 2017	acquisition	March 2011	NIS 300 million
legacy communications business Word for word“As part of our acquisition of the controlling interest in Bezeq, effective January 1, 2010, we sold our legacy communications business excluding certain retained indebtedness and liabilities to a wholly-owned subsidiary of Ampal-American Israel Corporation, or Ampal, for NIS 1.2 billion.” 20-F for 2017	divestiture	effective January 1, 2010	NIS 1.2 billion
DBS (all holdings of Eurocom D.B.S. in DBS, 50.22% of issued share capital) Word for word“On March 25, 2015, Bezeq exercised the stock options that it owned, for no payment, and on June 24, 2015 Bezeq completed a transaction in which it acquired all the holdings of Eurocom D.B.S. in DBS, which at that time constituted 50.22% of the issued share capital of DBS (41.62% fully diluted) as well as all the shareholders’ loans that Eurocom provided to DBS (NIS 1,538 million as at December 31, 2014 in consideration for NIS 680 million.” 20-F for 2017	acquisition	June 24, 2015	NIS 680 million
Sakia property Word for word“On January 21, 2018, Bezeq entered into an agreement for the sale of the Sakia property to Naimi Towers Ltd for a total of NIS 497 million plus VAT.” 20-F for 2017	agreed divestiture	January 21, 2018	NIS 497 million plus VAT
Bezeq Word for word“On April 14, 2010, we completed the acquisition of 30.44% of Bezeq’s outstanding shares from Ap.Sb.Ar. Holdings Ltd. for a purchase price of approximately NIS 6.5 billion in cash and became the largest shareholder of Bezeq.” 20-F for 2018	acquisition	On April 14, 2010	approximately NIS 6.5 billion

Read from B Communications’s annual reports (20-F for 2019, 20-F for 2018, 20-F for 2017) and the financial data it files with the SEC, as of 2020-04-23. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.