Adv. Adini, Counsel in the Derivative Lawsuit for the Bezeq-Yes Transaction Claims: “The Bezeq-Yes Transaction was Approved Despite all Warning Signs”
21.06.2017
Pension funds objected, valuations indicated a lower value to Eurocom's holdings in Yes, and for some unknown reason, Bezeq preferred not to choose an alternative that would have given it control of the satellite company, free of charge. Red flags were flying in real-time over the Transaction that led Elovitch to the interrogation room.
The Transaction in which Bezeq purchased from Eurocom, through which Shaul Elovitch controls Bezeq, Yes’ shares in 2015, and for which he was interrogated yesterday at the Israeli Securities Authority, is a transaction that had many questions hanging overhead in real-time.
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