Isrotel Ltd. (TASE:ISRO) agreed to acquire 45% stake in Ela Investments and Development 2005 Ltd. from certain third parties for ILS 15.8 million on March 31, 2019. Isrotel Ltd. shall finance the purchase out of its own resources. Isrotel Ltd. (TASE:ISRO) completed the acquisition of 45% stake in Ela Investments and Development 2005 Ltd. from certain third parties on January 20, 2020.