Swarth Group

Swarth Group is a private equity company,[1] owned by Israeli investor Shaul Shani.[2] In 2007, it purchased Israeli ECI Telecom for $1.24 billion.[3] The company headquarters are in Petah Tikva, Israel.[4] 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..[2] 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.[5]

References

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