Spring Ventures Ltd (TASE:SPRG) agreed to acquire 19% stake in Wellborn Ventures Ltd. from Zvika Sobel for $1.7 million on November 22, 2017. The consideration is subject to adjustments by way of a reduction or addition to the consideration, an increase will however, not be more than $0.47 million. Spring Ventures Ltd (TASE:SPRG) completed the acquisition of 19% stake in Wellborn Ventures Ltd. from Zvika Sobel for $2.1 million on November 23, 2017.