Tel Aviv bourse halts trade in Partner

JERUSALEM, Oct 13 (BestGrowthStock) – The Tel Aviv Stock Exchange on
Wednesday halted trading in Parter Communications (PTNR.TA: ),
Israel’s second-largest mobile phone operator, saying the
company was expected to make a “significant announcement.”

Trading will resume after the announcement, which follows
Israeli media reports that Partner (PTNR.O: ) will buy
communications company 012 Smile (SMLC.TA: ) (SMLC.O: ).

Trading was also halted in Ampal-American Israel Corp
(AMPL.TA: ) (AMPL.O: ), the parent company of 012 Smile.

(Reporting by Steven Scheer)

Tel Aviv bourse halts trade in Partner