Go Capital SAS entered into an agreement to acquire 10% stake in A.D.O. Group Ltd. (TASE:ADO) from Shikun & Binui Ltd. (TASE:SKBN) for approximately ILS 240 million on January 28, 2019. Pursuant to the terms of agreement, Go Capital will acquire 2.75 million shares at a price of ILS 86 per share. The transaction will be terminated, if within next seven days, Shikun & Binui didn't sign an additional agreement for the sale of another 10% stake in A.D.O. Group. The transaction is subject to certain precedent closing conditions including a sale of another 20% stake in A.D.O. Group by Shikun & Binui within next 120 days. On March 11, 2019, Shikun & Binui completed the sale of another 20% stake in A.D.O. Group.

Go Capital SAS completed the acquisition of 10% stake in A.D.O. Group Ltd. (TASE:ADO) from Shikun & Binui Ltd. (TASE:SKBN) on March 11, 2019. After the completion of the transaction, Shikun & Binui holds about 7.5% of the shares of A.D.O. Group.