Bottom Shekel Ups and Downs of the Ben-Dov-Saban Deal

Scailex will show a loss of up to NIS 1.6 billion.

Scailex, which owns 44.5 percent in Partner Communications, will sell 30.7 percent along with control of the company to Haim Saban under the agreement concluded just prior to publication of its third-quarter results. But although the deal reflects a drop of hundreds of millions of shekels in the goodwill carrying value of Partner, no loss provision was recognized in the report.