First Israel Mezzanine Investors Ltd. reached an agreement to acquire 60.1% stake in Ham-Let (Israel Canada) Ltd. (TASE:HAML) from Discount Investment Corporation Limited (TASE:DISI) for $66.1 million on June 27, 2012. The transaction is subject to approval by antitrust authority, investment center and banks that have loaned money to Ham-Let, as required, and also dependent on no Ham-Let equipment being damaged from the date of the agreement until the completion of the acquisition in a manner that will substantially prevent the continuation of operations.

First Israel Mezzanine Investors Ltd. completed the acquisition of 60.1% stake in Ham-Let (Israel Canada) Ltd. (TASE:HAML) from Discount Investment Corporation Limited (TASE:DISI) for $61.7 million on August 21, 2012. First Israel Mezzanine Investors Ltd. paid $7.45 per share in cash.