Cellcom and IIF Complete Deal to Buy Control of IBC

July 31st 2019

Tadmor Levy & Co. represented IBC (Unlimited) and its stakeholders in the transaction in which its controlling stake was acquired by Cellcom and Israel Infrastructure Fund (IIF), the closing of which took place last week.

Under the deal, Cellcom and IIF undertook to invest up to NIS 200 million in equal shares in the Israel Broadband Company in the next three years.

IBC were represented by Tadmor Levy's Co-head and Managing Partner, Opher Levy, M&A Partner, Yaniv Aronowich and Associate, Oded Levy.

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