Internet Gold examining sale of controlling stake in Bezeq

B Communications

10/06/2018 13:34

JERUSALEM, June 10 (Reuters) - Internet Gold - Golden Lines
 IGLD.TA  said on Sunday it was considering offers to sell part
or all of its shares in B Communications  BCOM.TA , through
which it controls Israel's largest telecoms group, Bezeq
 BEZQ.TA .
    Internet Gold said a few potential buyers had expressed
interest in its 64.78 percent stake in BCom, a company with a
single asset - a 26.34 percent controlling stake in Bezeq.
    Internet Gold is "examining the possibility of advancing any
of the offers over the next two weeks and the feasibility of
implementing a transaction," it said in a statement on the Tel
Aviv Stock Exchange.
    Internet Gold, which is controlled by indebted Israeli
holding company Eurocom, is also continuing to examine the
possibility of an issuance of capital in the near term.

 (Reporting by Ari Rabinovitch; Editing by Tova Cohen)
 ((ari.rabinovitch@thomsonreuters.com;  +972-2-632-2202; Reuters
Messaging: ari.rabinovitch@thomsonreuters.com@reuters.net))