Victory Supermarket Chain Ltd. (TASE:VCTR) signed an agreement to acquire five mega supermarket branches from Mega Retail Ltd. for ILS 7.5 million on October 21, 2015. The acquisition includes the rights of the shops and equipment on the branches. The deal is subject to pre-conditions including approval of the branches lessors to transfer rights and authorities approval, to to be fulfilled in the next 45 days. Approval from the Antitrust Commissioner regarding the transaction was received on November 5, 2015. On November 22, 2015 another pre-condition has been fulfilled, under which the landlords entered into agreements to convert the leasing rights in four branches of Mega. All the pre-conditions were fulfilled. Victory Supermarket Chain Ltd. (TASE:VCTR) cancelled the acquisition of five mega supermarket branches from Mega Retail Ltd. on October 21, 2016.