Wednesday, November 30, 2011

Drahi completes HOT takeover

French businessman Patrick Drahi has reportedly completed the takeover of Israeli cableco HOT Telecommunication Systems via his Cool Holdings Unit, Globes Online reports. The finalising of the takeover comes after Cool Holdings purchased 10,012,033 HOT shares at ILS65.10 (USD14.66) per share from Yediot Communications’ owner Arnon Mozes, in line with previously announced plans


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OVETEL Drahi completes HOT takeover

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