Davidson Kempner Long-Term Distressed Opportunities Fund II L.P and Davidson Kempner Long-Term Distressed Opportunities International Master Fund II LP, fund managed by Davidson Kempner Capital Management LLC made an offer to acquire 3.1% stake in Arko Holdings Ltd. (TASE:ARKO) for ILS 38.5 million on January 23, 2017. Davidson Kempner Capital Management LLC will acquire 18..33 million shares at ILS 2.1 per share. The offer is valid until February 6, 2017. Bank of Jerusalem Ltd acted as offer coordinator.