Orian Sh.M. Ltd. (TASE:ORIN) signed a deal to acquire 51% stake in Concept Line Ltd. from Tal Leibovich for ILS 3 million on March 26, 2019. Upon completion of the deal, 49% of Concept Line will be held by Tal Leibovich and 51% by Orian Sh.M. Ltd. The transaction will be financed from Orian Sh.M. Ltd's own resources. The transaction is subject to the fulfillment of suspending conditions within 90 days from the signing date of the agreement, the principal of which is receipt of the approval of the Competition Commissioner.