Strauss Group Ltd (TASE:STRS) signed an agreement to acquire remaining 12.44% stake in Strauss Water Ltd from minority shareholders for ILS 66 million on November 29, 2016. As reported, Strauss Group is to pay $28 (ILS 107.99) per share. The transaction will be financed with Strauss Group's own resources and paid upon completion. The currency conversions were made using oanda.com as on November 29, 2016. Strauss Group Ltd (TASE:STRS) completed the acquisition of remaining 12.44% stake in Strauss Water Ltd from minority shareholders on December 8, 2016.