Tel Aviv…For those who thought that the Chinese acquisition of Tnuva, one of Israel’s largest food companies, was a done deal - think again. According to Globes, Israel’s largest business publication, Apax Partners, managed in Israel by Zehavit Cohen, and Chinese food giant Bright Food have signed an agreement for another three-month extension of the Tnuva deal until April 2, 2015. In return for the extension, it was agreed that Tnuva's value for the deal would be NIS 8.6 billion (the original value for the deal), and that the Chinese company would pay Apax Partners and Mivtach Shamir Holdings an additional NIS 115 million in compensation for the extension, a clear case of how a delay can sometimes be beneficial. Bright Food had to postpone the deal, not for the first time, after having trouble paying NIS 1.8 billion for the purchase of Mivtach Shamir's 21% stake in Tnuva. The current extension of the deadline for completing the huge deal was apparently given because Mivtach Shamir, controlled by Meir Shamir, decided to exercise its option to join the sale of shares by Apax Partners, Tnuva's controlling shareholder.