Big Shopping Centers, Ltd. (TASE:BIG) signed an agreement to acquire an additional 49.5% stake in Caniel Beverage Packaging Ltd from Ben Shach E. Investments & Holdings Ltd for ILS 37 million on February 17, 2016. As part of the transaction, Big Shopping Centers committed to make Caniel repay shareholder loans for about ILS 23 million. The remaining 1% will be held by Caniel itself. The transaction is subject to the Anti-trust Commissioner’s approval. Big Shopping Centers, Ltd. (TASE:BIG) cancelled the acquisition of an additional 49.5% stake in Caniel Beverage Packaging Ltd from Ben Shach E. Investments & Holdings Ltd on February 17, 2017.