Eliezer Bouskilla and Yehuda Albaz, Chief Executive Officer of Brill Shoe Industries Ltd., signed an agreement to acquire an additional 9.99% stake in Brill Shoe Industries Ltd. (TASE:BRIL) from Ofer Ganazi for ILS 12.5 million on June 6, 2016. Under the transaction, Eliezer Bouskilla will acquire 0.48 million shares of Brill Shoe Industries and pay an amount equal to ILS 10.04 million while Yehuda Albaz will acquire 0.12 million shares and pay an amount of ILS 2.5 million. The consideration, under the agreement, will be paid until June 9, 2016. Upon completion, Ofer Ganazi will quit as Board’s President and Director in Brill Shoe Industries and related companies and Brill Shoe Industries will pay within 7 days after payment of the consideration any amount owed to Ofer Ganazi. Eliezer Bouskilla and Yehuda Albaz, Chief Executive Officer of Brill Shoe Industries Ltd., cancelled the acquisition to acquire an additional 9.99% stake in Brill Shoe Industries Ltd. (TASE:BRIL) from Ofer Ganazi on June 6, 2017.