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Partner Communications Co Ltd. — M&A Activity 2009
Oct 1, 2009
6974_rns_2009-10-01_f4f18ed7-16bc-45be-8eb4-2e471b523468.pdf
M&A Activity
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Filename: zk97312.htm Type: 6-K Comment/Description: (this header is not part of the document)
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15a-16 OF THE SECURITIES EXCHANGE ACT OF 1934
Report on Form 6-K dated October 1, 2009
Partner Communications Company Ltd.
(Translation of Registrant’s Name Into English)
8 Amal Street Afeq Industrial Park Rosh Ha’ayin 48103 Israel
(Address of Principal Executive Offices)
(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)
Form 20-F ⌧ Form 40-F �
(Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)
Yes � No ⌧
(If“Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-____________)
Enclosure: Partner Communications announces its offer for the acquisition of MIRS will not be proceeding
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PARTNER COMMUNICATIONS ANNOUNCES ITS OFFER FOR THE ACQUISITION OF MIRS WILL NOT BE PROCEEDING
ROSH HA’AYIN, Israel, October 1, 2009 – Partner Communications Company Ltd. (“Partner” or the “Company”) (NASDAQ and TASE: PTNR), a leading Israeli mobile communications operator , announces that its offer for the acquisition of 100% of the issued and outstanding share capital of MIRS Communications Ltd. (“MIRS”) and/or MIRS operations from Motorola Israel Ltd. will not be proceeding and discussions have been terminated.
This announcement comes in continuation of the Company’s previous statement on September 21, 2009 that it had submitted an offer, subject to conditions, for the acquisition of MIRS. MIRS is a cellular company which operates in Israel using the iDEN technology and whose market share is estimated at 4% to 5%.
About Partner Communications
Partner Communications Company Ltd. (“Partner”) is a leading Israeli provider of telecommunications operator (cellular, fixed-line telephony and Internet Services Provider) under the orange™ brand. The Company provides mobile communications services to 2.944 million subscribers in Israel (as of June 30, 2009). Partner’s ADSs are quoted on the NASDAQ Global Select Market™ and its shares are traded on the Tel Aviv Stock Exchange (NASDAQ and TASE: PTNR).
Partner is a subsidiary of Hutchison Telecommunications International Limited (“Hutchison Telecom”), a leading global provider of telecommunications services. Hutchison Telecom currently offers mobile and fixed line telecommunications services in Israel, and operates mobile telecommunications services in Thailand, Sri Lanka, Vietnam and Indonesia. It was the first provider of 3G mobile services in Israel and operates brands including “Hutch”, “3” and “orange”. Hutchison Telecom, a subsidiary of Hutchison Whampoa Limited, is a listed company with American Depositary Shares quoted on the New York Stock Exchange under the ticker “HTX” and shares listed on the Stock Exchange of Hong Kong under the stock code “2332". For more information about Hutchison Telecom, see www.htil.com.
For more information about Partner, see http://www.orange.co.il/investor_site/
Contacts:
Mr. Emanuel Avner Mr. Oded Degany Chief Financial Officer V. P. Corporate Development, Strategy and IR Tel: +972-54-7814951 Tel: +972-54-7814151 Fax: +972-54-7815961 Fax: +972-54 -7814161 E-mail: [email protected] E-mail: [email protected]
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Current Report to be signed on its behalf by the undersigned, thereunto duly authorized.
Partner Communications Company Ltd.
By: /s/ Emanuel Avner —————————————— Emanuel Avner Chief Financial Officer
Dated: October 1, 2009