The Caesarea office and its team of 50 will become gaming giant EA's Israel development center.
The parties will be summoned to a hearing before the final decision is announced.
Gaon Group expects a NIS 5 million gain on the sale of its 25.1% stake in the irrigation company to Kibbutz Metzer.
The price of the deal is estimated at NIS 35 million.
Cloud computing is bolstering growth at the Israeli company whose share price has crossed the $100 threshold.
Thai-based Indorama is acquiring a 65.72% stake in Avgol, the world's third largest manufacturer of nonwovens for hygiene applications, at a company valuation of NIS 1.7 billion.