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BABCOCK & BROWN CAPITAL ACQUIRES ISRAELI GOLDEN PAGES.

AsiaPulse News

| August 01, 2007 | COPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SYDNEY, Aug 1 Asia Pulse - Babcock & Brown Capital Ltd (ASX:BCM) has acquired the Israeli Golden Pages from Markstone Capital Partners and other Israeli institutional shareholders.

BCM said the Golden Pages had an outstanding portfolio of complementary directory and search businesses including a restaurant directory business, a comparative shopping site, and ProGroup, Israel's premier student portal.

BCM executive director Robert Topfer said the acquisition represented the continuation of BCM's focus on telecommunications and media.

"The acquisition enterprise value ...

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Source: HighBeam Research, BABCOCK & BROWN CAPITAL ACQUIRES ISRAELI GOLDEN PAGES.

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