Kaul-Rosen negotiate with Arison-Eurocom to acquire Bezeq control together - TheStreet

The Kaul-Rosen group has talked with Shlomo Nehama, CEO of Arison Holdings about a joint effort with the Arison-Eurocom group to acquire control of Bezeq, TheMarker has learned.

It was also learned that Yitzhak Kaul and Danny Rosen have held talks with Apax Europeto see if it would join them in the acquisition.

The Kaul-Rosen group sent a second letter to the Communication Ministry yesterday, in which it restated claims regarding Bezeq's privatization. The ministry failed to answer its first letter.

In the letter, the group claims potential investors are deterred by a number of unanswered questions.

The organizations and financial groups interested want to know what the exits will be possible, what will be the privatized company's tariff policy, and what will be the dividend policy, which at the moment allows controlling shareholders dividends only on new earnings, while previous profits remain blocked.

Since potential buyers may face difficulties in obtaining $1.6 billion in financing for the acquisition, half of which must come from shareholders equity, these buyers are now saying it is unlikely they will make their offers to acquire Bezeq as early as February 13.

The groups to have expressed interest are Kaul-Rosen, Poalim Investments, Arison-Eurocom, Apax Europe and the Dankner-Africa Israel Investments group.