Investing

IPO Filing: Cellcom Israel

Cellcom Israel has filed this week to debut its shares in the US via an IPO under the NYSE ticker "CEL." Cellcom Israel is one of four providers of cellular phone service in Israel. Its shareholders will offer nearly 19…

By Douglas A. McIntyre
Published January 18, 2007, 9:04am ET · 1 min read

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Cellcom Israel has filed this week to debut its shares in the US via an IPO under the NYSE ticker "CEL." Cellcom Israel is one of four providers of cellular phone service in Israel. Its shareholders will offer nearly 19 million shares at a range of $16.00 to $18.00 per ADS.  This will give the company an implied market cap of roughly $1.7 billion.

Goldman Sachs, Citigroup and Deutsche Bank will serve as the joint book running managers; although timing is still open.

Jon C. Ogg
January 18, 2007

Contact [email protected] for any questions or corrections.

Disclaimer: Investing in securities involves a risk of loss. Past performance is never a guarantee of future returns. Investing in foreign stock markets involves additional risks, such as the risk of currency fluctuations. Guides are provided by Fisher Investments. The publisher may be compensated when readers request a guide.
Douglas A. McIntyre

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

All articles →