Sunday, December 2, 2012

Daily News – Reuters Technology News Headlines - Saban buys control of Israel's Partner Communications

Sunday, Dec 02, 2012 08:09 AM PST
Saban buys control of Israel's Partner Communications 
Sunday, Dec 02, 2012 08:09 AM PST
 JERUSALEM (Reuters) - U.S.-Israeli media magnate Haim Saban agreed to buy a controlling stake in Israel's second largest telecoms operator, Partner Communications , to expand into the market for bundled phone, internet and television services. Saban Capital will pay Israeli holding company Scailex Corp 250 million shekels ($65 million) in cash, and take on a $300 million loan that Scailex owes to Hong Kong conglomerate Hutchison Whampoa , Scailex said in a statement to the Tel Aviv Stock Exchange. ...
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SAP co-founder sells shares worth more than $155 million 
Sunday, Dec 02, 2012 07:06 AM PST
 FRANKFURT (Reuters) - SAP's co-founder Hasso Plattner sold shares in the German business software maker worth 120 million euros ($155.74 million), divesting a portion of his overall stake, the company said on Friday. To protect the stock price, a bank will place 10 million euros worth of the shares every month until no more are left. "The sale will be carried out at the bank's own discretion in the stock market or over the counter, for the first time in November 2012 and then again in the months January through November 2013," SAP said in a regulatory statement. ...
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