Immediate Report - Notice including demand for collective negotiations following expected acquisition of control of the Bezeq Group
Notice including demand for collective negotiations following expected acquisition of control of the Bezeq Group
Tel Aviv, Israel – November 28, 2019 – Bezeq The Israel Telecommunication Corp., Ltd. (TASE: BEZQ), announced today further to the description in sections 1.1.2, 3.9.5 and 4.8 of the Description of the Company's Business in the 2018 Periodic Report and the updates in the Company's Periodic Report for the third quarter of 2019, an immediate report is hereby provided.
The subsidiaries, Pelephone Communications Ltd. and Bezeq International Ltd. ("Subsidiaries") received notice from the Chairman of the Union of Cellular, Internet and Hi-tech Workers as well as from the labor unions of the Subsidiaries that included a demand to hold collective negotiations with the employees' representatives following the expected completion of the transaction for acquisition of control of Bezeq.
At this stage, Bezeq is unable to assess the consequences that might be derived from this notice.
The above information constitutes a translation of the Immediate Report published by the Company. The Hebrew version was submitted by the Company to the relevant authorities pursuant to Israeli law, and represents the binding version and the only one having legal effect. This translation was prepared for convenience purposes only.