190% Return in 4 Years: Aluma Fund on Track for Huge Deal with Bezeq
Summary by Globes
1 Articles
1 Articles
Aluma Fund is expected to sell its subsidiary, Accelera Telecom, which owns an undersea cable, to Bezeq for $160 million. • Accelera provides communications services via a fiber-optic undersea cable, owns a landing site in Cyprus and operates server farms. • Aluma shares jumped in trading by about 30% after the report was published.
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