Norisha Holdings Limited along with undisclosed buyers acquired 58.9% stake in Dexia Israel Bank Ltd. (TASE:DXIL) from Dexia Crédit Local Société Anonyme for ILS 350 million on March 18, 2018. The purchase price is ILS 674 per share of Dexia Israel Bank Ltd. As part of the deal, Norisha Holdings Limited acquired 3.36% stake in Dexia Israel Bank. The impact of the sale will be recorded in Dexia's first quarter consolidated financial statements for the year 2018. Norisha Holdings Limited along with undisclosed buyers completed the acquisition of 58.9% stake in Dexia Israel Bank Ltd. (TASE:DXIL) from Dexia Crédit Local Société Anonyme on March 18, 2018.