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Elco Holdings confirms Golan Telecom purchase talks

Connectivity BusinessbyConnectivity Business
December 7, 2016
in Investments, Space Services
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Israeli industrial group Elco Holdings has confirmed it is in talks to buy local telco Golan Telecom. Elco is willing to pay between NIS300m (US$78.9m) and NIS350m (US$92.1m) for French billionaire Xavier Niel’s Israeli venture. Israeli industrial group Elco Holdings (TASE:ELCO) has confirmed it is in talks to buy local telco Golan Telecom. Elco is willing to pay between NIS300m (US$78.9m) and […]

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