Swarth Group

Swarth Group is a private equity company, owned by Israeli investor Shaul Shani.[1][non-primary source needed] In 2007, it purchased Israeli ECI Telecom for $1.24 billion.[2] The company headquarters are in Petah Tikva, Israel.[3] The company specialises in Telecoms. In 2008, it acquired a 16.44% share of GVT Holding, which owns GVT Holland, and itself owns 22.9% of Brazilian telecom firm Global Village Telecom. The stake was purchased from Nochi Dankner's Discount Investment Corporation Ltd.[1] In 2009 Swarth group sold its holding in GVT to Vivendi the deal reflects a 15.8% premium on the price paid for it by Swarth in 2008.[4]

References

  1. ^ a b "Swarth Group to buy Dankner's GVT stake". TeleGeography. 2008-09-15. Retrieved 2019-09-11.
  2. ^ Shimoni, Eli (2010-07-08). "ECI Telecom gets $800M deal with BT". ynetnews. Retrieved 2019-09-11.
  3. ^ Plunkett, Jack W. (March 2009). Plunkett's E-Commerce & Internet Business Almanac 2009. Plunkett Research, Ltd. p. 286. ISBN 978-1-59392-115-6.
  4. ^ "Vivendi makes $3b tilt for Brazil's GVT". Telecom Asia. 2019-09-11. Retrieved 2019-09-11.