IGLD.TA - Internet Gold - Golden Lines Ltd.

Tel Aviv - Tel Aviv Delayed Price. Currency in ILS
141.80
+9.60 (+7.26%)
At close: 5:24PM IDT
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Previous Close132.20
Open134.00
Bid141.00 x 65500
Ask141.80 x 124000
Day's Range134.00 - 162.90
52 Week Range96.10 - 1,066.00
Volume1,220,355
Avg. Volume204,201
Market Cap3.971B
Beta (3Y Monthly)1.36
PE Ratio (TTM)N/A
EPS (TTM)-26.85
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est98.00
  • GlobeNewswire23 hours ago

    Internet Gold Announces Update Regarding Motion to Certify a Claim as a Derivative Claim with respect of B Communications Ltd. and the Company

    As detailed in the Company’s public announcement dated July 29, 2016 and in the updated description included in Item 8 (Legal Proceedings) in the Company’s 2018 Periodic Report (20F report), on July 2016, a motion to certify a claim as a derivative claim was filed with the Tel Aviv-Jaffa District Court (the “Court”) in which B Communications Ltd. ("BCOM"), the Company and members of BCOM’s Board of Directors were named as respondents, alleging that BCOM has unlawfully distributed dividend on June 2016. On July 18, 2019 the Court has approved the filing of the claim as a derivative claim with respect to the Company and dismissed the claim against the members of BCOM's Board of Directors.

  • GlobeNewswire4 days ago

    Internet Gold Announced Receipt of Approval with respect of the Searchlight Transaction from the Israel Competition Authority

    Internet Gold - Golden Lines Ltd. (the “Company” or “Internet Gold”) (NASDAQ Global Select Market and TASE: IGLD) today announced that further to the Company's previous announcement dated June 24, 2019 with respect of signing of the definitive agreement for the ‘Searchlight Transaction’ which includes certain conditions to closing, including the receipt of antitrust approvals, the Purchasers have updated the Company today that the Israel Competition Authority approval with respect to the Searchlight Transaction was obtained. There is no certainty that the transaction will be consummated.

  • GlobeNewswire11 days ago

    Internet Gold Announced that the Company Submitted to the Tel Aviv-Jaffa District Court a Petition to Approve an Arrangement Proposal Regarding Searchlight Transaction Pursuant to Section 350 of the Israeli Companies Law

    Ramat Gan, Israel, July 09, 2019 -- Internet Gold - Golden Lines Ltd. (the “Company” or “Internet Gold”) (NASDAQ Global Select Market and TASE: IGLD) today announced that.

  • GlobeNewswire26 days ago

    Internet Gold Announced Signing of the Definitive Agreement for the Searchlight Transaction

    Ramat Gan, Israel, June 24, 2019 (GLOBE NEWSWIRE) --  Internet Gold - Golden Lines Ltd. (the “Company” or “Internet Gold”) (NASDAQ Global Select Market and TASE: IGLD) today announced signing of the definitive agreement for the ‘Searchlight Transaction’ by the parties thereto – the Company, B Communications Ltd. (“BComm”), Searchlight II BZQ, L.P. (“Searchlight SPC”) and T.N.R. Investments Ltd. (“Fuhrer SPC” and together with Searchlight SPC, the “Purchasers”). As previously announced by the Company, the transaction will include, inter alia, the sale by the Company of its entire holdings in BComm for an aggregate amount of NIS 225 million and an investment by the Company in BComm of NIS 345 million (comprised of the amount to be paid by the Purchasers and an additional amount of NIS 120 million).

  • GlobeNewswire26 days ago

    Internet Gold Highlights Relating to Searchlight Transaction

    Due to extraordinary trade in the Company’s shares on TASE (Israel) yesterday, the Company wishes to highlight the information that was previously announced in its public announcements, namely that if the Searchlight transaction is approved, executed and consummated, the proceeds to be received by the Company will not be sufficient to enable it to pay its debts, and the Company will initiate a creditors’ arrangement which will be submitted to the applicable Israeli court pursuant to Section 350 of the Israeli Companies Law. The Company anticipates that pursuant to such arrangement, the existing shares of the Company will be nullified.

  • GlobeNewswire26 days ago

    Internet Gold Announced Updated Schedule for the Searchlight Transaction Documents

    On June 20, 2019, the Company announced that the Company's board of directors approved the transaction with Searchlight Capital Partners and its Israeli partner (the “Purchasers”), considering, inter alia, the results of the Company’s debenture holders’ meetings. The Company further updated that considering the results of the Series C debentures of B Communications Ltd. (“BComm”), BComm approached the applicable court in order to receive instructions relating to the execution of the Share Purchase Agreement for the transaction.

  • GlobeNewswirelast month

    Internet Gold Announced Board of Directors Approval and Results of Debenture Holders Meetings Regarding the Execution of the Searchlight Transaction Documents

    Internet Gold - Golden Lines Ltd. (the “Company” or “Internet Gold”) (NASDAQ Global Select Market and TASE: IGLD) today announced that the Company's board of directors' approved the transaction with Searchlight Capital Partners and an SPC controlled by the Fuhrer family (the “Purchasers”), including the execution of the share purchase agreement for the transaction (the “SPA”) and the ancillary documents. Details of the transaction including entire set of the transaction documents were submitted by the Company to the Securities and Exchange Commission on Form 6-K.

  • GlobeNewswirelast month

    Internet Gold Announces Update in Transaction Documents (SPA) Received from Searchlight

    Internet Gold - Golden Lines Ltd. (the “Company” or “Internet Gold”) (NASDAQ Global Select Market and TASE: IGLD) today announced that further to the Company's announcements on June 13, 2019 and June 12, 2019, the Company received an updated draft of the SPA, which includes certain amendments relating to the pledge to be provided to B Communications Ltd.'s debenture holders. The amended provisions of the SPA were submitted to the U.S. Securities and Exchange Commission on Form 6K as exhibits 99.2.

  • GlobeNewswirelast month

    Internet Gold Announced Update in Transaction Documents Received from Searchlight

    Internet Gold - Golden Lines Ltd. (the “Company” or “Internet Gold”) (NASDAQ Global Select Market and TASE: IGLD) today announced that following the Company's report from June 12, 2019, the Company received updated transaction documents, as submitted to the U.S. Securities and Exchange Commission on Form 6K as exhibits 99.2, 99.3 and 99.4 (the "Attached Documents"). The Attached Documents includes certain amendments, mainly a change in the definition of “Subscription Price Per Share”, which were updated to: "to be the lesser of (i) NIS 4.80, and (ii) a 25% discount on the volume-weighted average closing price per share of Ordinary Share on the TASE over the preceding thirty (30) trading days from the trading day immediately prior to the date of this Agreement".

  • GlobeNewswirelast month

    Internet Gold Announced Receipt of Final Set of Transaction Documents from Searchlight

    Internet Gold - Golden Lines Ltd. (the “Company” or “Internet Gold”) (NASDAQ Global Select Market and TASE: IGLD) today announced receipt from Searchlight Capital Partners (“Searchlight”) of a final form of SPA (the “SPA”) and transaction documents for the transaction between Searchlight together with an entity wholly owned by the Fuhrer family which was designated by Searchlight to be its Israeli partner (together with Searchlight, the “Purchasers”), B Communications Ltd. ("Bcom") and the Company (the “Transaction”).

  • GlobeNewswire2 months ago

    Internet Gold Receives Non-Compliance Notice From Nasdaq Regarding Maintenance of a Minimum Market Value of Publicly Held Shares of $5,000,000

    Ramat Gan, Israel, June 03, 2019 (GLOBE NEWSWIRE) --  Internet Gold - Golden Lines Ltd. (the “Company”) (NASDAQ Global Select Market and TASE: IGLD), a holding company whose principal asset is a 51.95% stake in B Communications Ltd. (“B Communications”)  (NASDAQ and TASE: BCOM), our subsidiary that owns 26.34% of Bezeq The Israel Telecommunications Corporation Limited, the leading communication group in Israel (BEZQ.TA), today reported that it received a notice from the Listing Qualifications Department of Nasdaq advising the Company that it is not in compliance with Rule 5450(b)(1)(C) requiring maintenance of a minimum market value of publicly held shares (MVPHS) of $5,000,000. The Company has a 180 days' period, until December 2, 2019, to regain compliance with the $5,000,000 MVPHS.

  • GlobeNewswire2 months ago

    Internet Gold Announces Appointment of Principal Finance Officer

    Ramat-Gan, Israel, June 03, 2019 (GLOBE NEWSWIRE) --  Internet Gold - Golden Lines Ltd. (NASDAQ Global Select Market and TASE: IGLD) (the “Company”) today announced that it has appointed Mr. Ran Nakel as the Company’s Principal Finance Officer (PFO) effective as of June 3, 2019. Mr. Ran Nakel has been an independent auditor since 2010 and acts as a financial manager or controller in several companies. In particular, since May 2018, Mr. Nakel has served as Controller at DeBeers Auction Sales Israel Ltd., since March 2017, Mr. Nakel has served as the Finance Adviser of Lloyds Register Group Limited (LR) and commencing from June 2019 serves as the legal representative of its Israeli branch.

  • GlobeNewswire2 months ago

    Internet Gold Announces Filing of 2018 Annual Report

    Ramat-Gan, Israel, May 15, 2019 (GLOBE NEWSWIRE) -- Internet Gold – Golden Lines Ltd. (NASDAQ Global Select Market and TASE: IGLD) (the “Company”), today announced that it has filed its Annual Report on Form 20-F containing audited consolidated financial statements for the year ended December 31, 2018 with the U.S. Securities and Exchange Commission. The annual report will be available on the Company’s website (www.igld.com). Shareholders may receive a hard copy of the annual report free of charge upon request.

  • GlobeNewswire4 months ago

    Internet Gold Reports Financial Results For the Fourth Quarter and Full Year of 2018

    - The company withhold payments to its debenture holders until further notice and due to that long-term debt was classified to current maturities - Ramat Gan, Israel, March.

  • Reuters5 months ago

    Searchlight Capital offers up to $133 million for control in Bezeq Tel

    U.S. private investment firm Searchlight Capital Partners has offered up to 485 million shekels ($133.3 million) for a controlling stake in the parent of Bezeq Israel Telecom, according to a regulatory filing. Internet Gold has been searching for a buyer for its majority stake in B Communications since mid-2018 under pressure from bondholders. BCom's single asset is a 26.34 percent controlling stake in Bezeq, Israel's largest telecoms group.

  • Bezeq Israel workers to strike over plan to sell company
    Reuters6 months ago

    Bezeq Israel workers to strike over plan to sell company

    Workers at Bezeq Israel Telecom have called a strike starting on Feb. 5 over plans by the parent company to divest its controlling stake, the country's largest telecoms company said on Wednesday. Employees are demanding to be represented during talks to sell the company in order to be able to sign an agreement that protects workers' rights, Bezeq said in a regulatory filing in Tel Aviv. Workers are also opposed to allowing contract employees to operate Bezeq's switching equipment and carry out activities that have until now been performed by staff.

  • Bezeq Parent Gains After Searchlight Bids for Largest Stake
    Bloomberg6 months ago

    Bezeq Parent Gains After Searchlight Bids for Largest Stake

    Searchlight Capital Partners LP bid 387 million shekels ($105 million) to buy Internet Gold’s controlling stake in B Communications Ltd., the largest shareholder in Bezeq Israeli Telecommunications Ltd., according to a Tel Aviv Stock Exchange filing Thursday. B Com was put up for sale as a means to settle the debts of financially troubled Eurocom Group, which took on massive loans to finance its takeover of Bezeq. Internet Gold, a Eurocom unit, is struggling to pay back about 600 million shekels of net debt.

  • Reuters6 months ago

    Internet Gold fails to get binding offers for BCom stake

    Internet Gold-Golden Lines's latest attempt to sell its holdings in the parent company of Bezeq Israel Telecom has failed. It received no binding offers for its holdings in B Communications, which controls Bezeq, Israel's largest telecoms group, in an auction that ended on Tuesday, it said in a U.S. regulatory filing. Internet Gold is controlled by indebted Israeli holding company Eurocom and has been searching for a buyer for its BCom stake since mid-2018 under heavy pressure from bondholders.

  • Associated Press8 months ago

    Internet Gold: 3Q Earnings Snapshot

    The Ramat Gan, Israel-based company said it had profit of 9 cents per share. The fixed line and cellphone company posted revenue of $634 million in the period. The company's shares closed at $2.85. A year ...

  • GlobeNewswire8 months ago

    Internet Gold Reports Financial Results For the Third Quarter of 2018

    - Net Income of NIS 9 Million for Internet Gold in the Third Quarter of 2018 - Ramat Gan, Israel, Nov. 20, 2018 -- Internet Gold - Golden Lines Ltd. (“the Company”).

  • Associated Press11 months ago

    Internet Gold: 2Q Earnings Snapshot

    On a per-share basis, the Ramat Gan, Israel-based company said it had a loss of $2.40. The fixed line and cellphone company posted revenue of $639 million in the period. The company's shares closed at ...

  • Reuterslast year

    Foreign private equity funds interested in Bezeq control - report

    A number of foreign private equity funds such as Highland Capital and Searchlight Capital are interested in buying a controlling share in Bezeq Israel Telecom (BEZQ.TA), the Globes financial news website said on Wednesday. Globes said that despite pressure by bondholders of Internet Gold-Golden Lines (IGLD.O) to sell the controlling stake in Bezeq to private local buyer the Neuman family, Internet Gold's board is going ahead with a regular sale process. To that end, it said, the company has appointed Deutsche Bank (DBKGn.DE) to lead the sale of the controlling interest in Israel's largest telecoms group.

  • Reuterslast year

    Foreign private equity funds interested in Bezeq control -report

    A number of foreign private equity funds such as Highland Capital and Searchlight Capital are interested in buying a controlling share in Bezeq Israel Telecom, the Globes financial news website said on Wednesday. Globes said that despite pressure by bondholders of Internet Gold-Golden Lines to sell the controlling stake in Bezeq to private local buyer the Neuman family, Internet Gold's board is going ahead with a regular sale process. To that end, it said, the company has appointed Deutsche Bank to lead the sale of the controlling interest in Israel's largest telecoms group.