Melisron Ltd. (TASE:MLSR) acquired 50% stake in Aviv Development and Construction from Aviv Group for ILS 600 million on May 26, 2022. Melisron will pay ILS 600 million for its stake in Aviv, including an injection of ILS 450 million into the jointly-owned company with a further ILS 150 million payment to the existing shareholders.

Melisron Ltd. (TASE:MLSR) completed the acquisition of 50% stake in Aviv Development and Construction from Aviv Group for ILS 600 million on May 26, 2022.