An unknown buyer acquired a 80% stake in Alon Gas Energy Development Ltd from Alon Israel Oil Company Ltd. on December 21, 2022. Gross, Kleinhendler, Hodak, Halevy, Greenberg & Co. acted as legal advisor to Alon Israel Oil Company Ltd.

An unknown buyer completed the acquisition of a 80% stake in Alon Gas Energy Development Ltd from Alon Israel Oil Company Ltd. on December 21, 2022.