Kibbutz Maabarot made an offer to acquire remaining 36.11% stake in Maabarot Products Ltd. (TASE:MABR) for approximately ILS 130 million on July 7, 2019. Kibbutz Maabarot will pay ILS 40 per share. As of August 14, 2019, Kibbutz Maabarot amended its offer to acquire remaining 36.11% stake in Maabarot Products. Kibbutz Maabarot will now pay ILS 51 per share to acquire the remaining 3.3 million ordinary shares of Maabarot Products. The deal is conditional on being fully accepted. Acceptance notices are to be delivered until July 29, 2019. As of July 25, 2019, the new last date for acceptance notices is August 12, 2019. As of August 8, 2019, the new last date for acceptance notices is August 20, 2019. Shnitzer Gotlieb Samet & Co acted as legal advisor for Kibbutz Maabarot.