Ansonia Holdings Singapore B.V. signed an agreement to acquire 4.6% stake in Kenon Holdings Ltd. (TASE:KEN) from Bank Leumi Le-Israel BM, Asset Management Arm for approximately ILS 110 million on January 24, 2017. Bank Leumi Le-Israel BM will sell 2.5 million shares at the price of ILS 45 per share. After the transaction, Bank Leumi Le-Israel BM will hold 1.23 million shares and Ansonia Holdings Singapore B.V will hold 58% stake in Kenon Holdings. Ansonia Holdings Singapore B.V obtained the necessary funds for such purchase from Court Investments Ltd in the form of an unsecured loan, bearing no interest to fund the transaction. The transaction is expected to close as soon as possible. Ansonia Holdings Singapore B.V. completed the acquisition of 4.6% stake in Kenon Holdings Ltd. (TASE:KEN) from Bank Leumi Le-Israel BM, Asset Management Arm on January 24, 2017.