Castro Model Ltd. (TASE:CAST) entered into an agreement to acquire the remaining 73.6% stake in Hoodies Ltd, Top Ten Fashion Accessories Ltd., Carolina Lemke Ltd. and ACC Fashion Ltd. and remaining 50% stake in Palo Retail Ltd. and Tikitka Cosmetics Ltd. from Yossi Gabison and others for approximately ILS 270 million on June 24, 2018. In exchange of the companies Castro Model shall allocate 2.9 million shares to the sellers. Regarding Tikitka Cosmetics share capital, Castro Model shall pay ILS 4.7 million to the sellers. Castro-Rotter family's holding in Castro Model will be diluted from 70% to 45%. The public's holding in Castro Model will fall from 25% to 17%. The holding of the partners in the Hoodies group will rise from 5% to about 35.37% in Castro Model's issued and paid share capital. Yossi Gabison has decided not to appoint directors in the Castro group.