Saban Capital Acquires Controlling Interest in Partner Communications

By Angela Sormani — 3 years ago

S.B. Israel Telecom Ltd, an affiliate of Saban Capital Group, has closed its purchase of the controlling interest in Partner Communications Company from Scailex Corporation. Partner is a provider of communications services in Israel, including cellular, Internet and fixed telephony. The transaction includes the assumption of debt owed by Scailex to Advent Investments Pte, a subsidiary of Hutchison Whampoa Limited.