An unknown buyer signed an agreement to acquire Lil 1, Lil2 and Nant properties in Germany and France from A.D.N Global Equity Ltd. (TASE:ADN) for €8.5 million on November 3, 2016. A total of €6 million payable until November 7, 2016 and remaining €2.50 million will be payable after completion within 45 days from signing. Upon completion, A.D.N. Global Equity does not possess significant assets or liabilities that it will operate in light of the cancellation notice, with the exception of shares in GJE Promoting 121 Investments (2004) Ltd. A.D.N. Global Equity expects to receive €2.5 million after completion of the due diligence. Lil 1, Lil2 and Nant reported asset value of €14.5 million in the period ended June 30, 2016. An unknown buyer completed the acquisition of Lil 1, Lil2 and Nant properties in Germany and France from A.D.N Global Equity Ltd. (TASE:ADN) on November 17, 2016. An amount of €6 million has been transferred on closing, out of which €5.53 million will be used to repay obligations with Phoenix Insurance Company, Rabad and others.