June 18, 2017 / 7:26 AM / a month ago

Israel's Partner raises 189 mln shekels from share offering

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JERUSALEM, June 18 (Reuters) -

* Partner Communications, Israel's second-largest mobile phone company, said on Sunday it will receive 189 million shekels ($54 million) from a public share offering in which it sold about 9.7 million shares.

* The company said in a statement to the Tel Aviv Stock Exchange it will also allocate 508,911 shares to LSH Holdings Ltd by way of a private placement.

* Partner said its outstanding share capital will now be 169.45 million shares, net of nearly 1.4 million treasury shares.

* ($1 = 3.5149 shekels) (Reporting by Ari Rabinovitch)

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