Moti Kirschenbaum, President of the Board of Mediterranean Towers Ltd., signed an agreement to acquire an additional 1.38% stake in Mediterranean Towers Ltd. (TASE:MDTR) for €2 million on April 12, 2016. The transaction is expected to close in 120 days. Moti Kirschenbaum, President of the Board of Mediterranean Towers Ltd., cancelled the acquisition of an additional 1.38% stake in Mediterranean Towers Ltd. (TASE:MDTR) on April 12, 2017.