|Bid||1,341.00 x 100|
|Ask||1,344.00 x 417300|
|Day's Range||1,299.00 - 1,328.00|
|52 Week Range||768.90 - 1,564.00|
|Beta (5Y Monthly)||0.71|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 25, 2020 - Nov 30, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Nov 27, 2013|
|1y Target Est||27.33|
Cellcom Israel Ltd. (NYSE: CEL) (the "Company") announced today that following its previous announcements regarding receivership actions taken in relation to its indirect controlling shareholder, Discount Investment Corporation Ltd., or DIC's shares, pledged in favor of the debenture holders of IDB Development Corporation Ltd., or IDB, the Ministry of Communications granted its approval to the previously reported appointment of receivers to the pledged DIC shares representing approximately 70% of DIC's share capital. In addition, the court approved their appointment as permanent receivers and the appointment of temporary receiver to additional pledged DIC shares representing approximately 12% of DIC's share capital. The court further approved the publication by the receivers of an invitation to make offers for the purchase of the pledged DIC shares.
Cellcom Israel Ltd. (NYSE: CEL) (the "Company") announced today the appointment of Mr. Ilan Sigal as the Company's VP business development and as CEO of Golan Telecom (a wholly owned subsidiary of the Company) effective February 1, 2021.
Cellcom Israel Ltd. (NYSE: CEL) (the "Company") announced today that its indirect controlling shareholder, Discount Investment Corporation Ltd., or DIC, announced that the debenture holders of certain debentures series of IDB Development Corporation Ltd., or IDB, a company controlled by the Company's controlling shareholder, resolved to call for the immediate repayment of the full outstanding balance of certain of IDB's debentures, to enforce the pledges provided in favor of IDB debenture holders, including the pledge on DIC's shares and filed motions to the court for the appointment of a receiver to that end. Additional motion was filed to the court by holders of another series of IDB debentures to take certain receivership actions against IDB. All motions are based on the Israeli Bankruptcy and Economic Rehabilitation Law, 2018.