Livingston Kosberg agreed to acquire 54% stake in Danya Cebus Ltd from Africa-Israel Investments Ltd (TASE:AFIL) on October 30, 2017. As part of the deal, Africa-Israel Investments' outstanding debt to Danya Cebus, shall be forgiven in its amount together with interest and linkage as of the date of the closing of the transaction. As part of the consideration Livingston Kosberg, shall pay the Africa-Israel Investments the lesser of: the equity capital of Danya Cebus as of the closing, less the debt of the Africa-Israel to Danya Cebus; or an amount equal to ILS 324 million. Following the deal, Livingston Kosberg shall have the option to purchase from Africa-Israel Investments the remaining 46% shares in Danya Cebus, on a fully diluted basis. The deal is subject to approval of the debenture holders of Africa-Israel Investments. If the offer is approved, the Africa-Israel Investments shall be bound to exclusivity and non-shop to the benefit of the Livingston Kosberg, against the deposit of an amount as earnest money of ILS 10 million. Amos Luzon made a competing binding bid to acquire Danya Cebus Ltd for approximately ILS 530 million on November 12, 2017.

Livingston Kosberg cancelled the acquisition of 54% stake in Danya Cebus Ltd from Africa-Israel Investments Ltd (TASE:AFIL) on October 30, 2018.