A unit of Israeli industrial group Elco Holdings’ has agreed to buy Golan Telecom for NIS350m (US$90.7m) after the local telco received a liquidation request from a rival. Electra Consumer Products also entered into a 10-year network sharing arrangement with Israel’s largest mobile operator Cellcom, which filed the request in November but will now provide a NIS130m (US$33.7m) loan to help finance the deal. A […]