Meitav DASH Investments Ltd (TASE:MTDS) entered into an agreement to acquire Y.K.V. Insurance Agencies Ltd. for ILS 28 million on June 28, 2016. Under the terms of the agreement, Meitav DASH will pay ILS 8 million in cash at closing and agreed to additional quarterly installments for five years, totaling at least ILS 20 million. The transaction is subject to Antitrust Commissioner’s approval and approvals from the Insurance Authority and the Capital Markets Authority. Meitav DASH Investments Ltd (TASE:MTDS) completed the acquisition of Y.K.V. Insurance Agencies Ltd. on July 31, 2016.