Israeli government creates opening for Apax in Bezeq sale

The Israeli government has modified the requirements for non-Israeli bidders chasing its controlling stake in Bezeq Israeli Telecom so that Apax Partners can re-enter the bidding process.

At the last minute the Israeli government, advised by Merrill Lynch, dropped a requirement that non-Israeli bidders for its 50.01% in Bezeq should have signed up an Israeli partner by February 13, the first closing date for submission of preliminary applications.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump