Moti Kirschenbaum and some other shareholders of Mediterranean Towers Ltd. (TASE:MDTR) signed an agreement to acquire an additional 1.71% stake in Mediterranean Towers Ltd. (TASE:MDTR) from a third party for ILS 13 million on December 8, 2016. Moti Kirschenbaum, Head of the Board and a shareholder of Mediterranean Towers and the other buyers will acquire 2.3 million shares of Mediterranean Towers in the deal. The expected completion date of the transaction is December 18, 2016.