Mega Or Holdings Ltd (TASE:MGOR), Elco Ltd. agreed to acquire 82.26% stake in Discount Investment Corporation Ltd. from Dolphin IL Investments Ltd. on November 20, 2020. On March 15, 2021, approval was given by the Israeli Ministry of Communications for the transfer of control. The court ratified the sale of the controlling shares.

On March 16, 2021, the Israeli Competition Authority provided its (conditioned) approval to the transaction. As on March 25, 2021, approximately 47.4% of DIC's share capital was transferred to the group of investors, out of which, shares representing approximately 24.9% of DIC's share capital, were transferred to Mega Or. On June 2, 2021, the Israeli Ministry of Communications approved the transfer.

On June 3, 2021, Elco Ltd completed the acquisition of approximately 29.8% of Discount Investment Corporation Ltd.