Elijah Knepler made an offer to acquire an additional 5.92% stake in Tamir Fishman Real Estate Fund Ltd (TASE:TFRE) for ILS 2 million on December 30, 2015. Elijah Knepler will acquire 1.3 million at a price of ILS 1.57 per share. Elijah Knepler already holds 19.81% stake in Tamir Fishman Real Estate Fund. The deal is subject to acceptance of 100% offered shares. The offer expiration date is January 21, 2016. Bank Leumi Le-Israel acted as offer coordinator.

Elijah Knepler cancelled the acquisition of additional 5.92% stake in Tamir Fishman Real Estate Fund Ltd (TASE:TFRE) on January 24, 2016. The transaction was not approved by all the shareholders. As a result, transaction will not go through.