ATE Technology Equipment B.V. and others made an offer to acquire additional 14.78% stake in Leader Holdings & Investments Ltd (TASE:LDER) for ILS 42.6 million on December 9, 2020. The offer per share for 70.92 million shares of Leader Holdings is ILS 0.6. The Offer is contingent to the purchase of all the shares offered to be acquired. As per announcement of December 24, 2020, minimum threshold needed for mandatory purchase was not reached.

Acceptance notices are to be delivered until December 24, 2020. Gross, Kleinhendler, Hodak, Halevy, Greenberg & Co. acted as legal advisor to the offerors.