Stratrix
On the Record · Internet Gold Golden Lines

Internet Gold Golden Lines acquisitions, on the record

The businesses Internet Gold Golden Lines 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

BusinessDealWhenValue
Bezeq (30.44% controlling interest, from Ap.Sb.Ar. Holdings Ltd.)
Word for word“On April 14, 2010, our principal subsidiary, B Communications, 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 2016
acquisitionApril 14, 2010approximately NIS 6.5 billion
Eurocom D.B.S. holdings in DBS
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).” 20-F for 2016
acquisitionJune 24, 2015—
Pelephone acquisition of Alon Cellular Ltd.
Word for word“In October 2015 Pelephone completed the acquisition of the MVNO operator, Alon Cellular Ltd. ("Alon Cellular").” 20-F for 2016
agreed acquisitionOctober 2015—
Golan Telecom shares acquired by Electra Commodities Ltd.
Word for word“In January 2017 an agreement was signed by the shareholders of Golan Telcom and Electra Commodities Ltd., or Electra, for the acquisition of Golan Telcom shares.” 20-F for 2016
agreed acquisitionJanuary 2017—
DBS merger with Bezeq
Word for word“Further to the announcement by the Director General of the Ministry of Communications of December 21, 2016 concerning “cancellation of the structural separation obligation in Bezeq Group, Bezeq and DBS entered into a merger agreement on December 25, 2016.” 20-F for 2016
agreed acquisitionDecember 25, 2016—
Bezeq (TASE:BZEQ) controlling 30.44% interest
Word for word“On April 14, 2010, our principal subsidiary, B Communications, 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
acquisitionOn April 14, 2010approximately NIS 6.5 billion
Bezeq shares (sale of Bezeq shares by B Communications)
Word for word“B Communications retained a 26.34% ownership interest in Bezeq following the closing of the transaction.” 20-F for 2017
divestiture——
DBS shares held by Eurocom D.B.S.
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
acquisitionJune 24, 2015NIS 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 divestitureOn January 21, 2018NIS 497 million plus VAT
12 properties sold by Bezeq during 2017
Word for word“During 2017, Bezeq sold (in addition to the sale of the Sakia property) 12 properties on a total area of 11,000 sq.m. of land and 26,000 sq.m. built up, for a total sum of NIS 97 million.” 20-F for 2017
divestitureDuring 2017NIS 97 million
all media assets
Word for word“During 2010 and 2011 we sold all of our media assets.” 20-F for 2017
divestitureDuring 2010 and 2011—
30.44% interest in Bezeq from Ap.Sb.Ar. Holdings Ltd.
Word for word“On April 14, 2010, B Communications 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 and the holder of the control permit.” 20-F for 2018
acquisitionApril 14, 2010approximately NIS 6.5 billion in cash

Read from Internet Gold Golden Lines’s annual reports (20-F for 2018, 20-F for 2017, 20-F for 2016) and the financial data it files with the SEC, as of 2019-05-15. 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.