An unknown buyer acquired a 80% stake in Alon Gas Energy Development Ltd (TASE:ALGS) from Alon Israel Oil Company Ltd. for NIS 400 million in May, 2022. Rona Bergman Naveh of Gross, Kleinhendler, Hodak, Halevy, Greenberg & Co. acted as a legal advisor to Alon Israel Oil Company Ltd.

An unknown buyer completed the acquisition of an 80% stake in Alon Gas Energy Development Ltd (TASE:ALGS) from Alon Israel Oil Company Ltd. in May, 2022.