UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

 

Washington, D.C. 20549

 

 

 

 

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of report (Date of earliest event reported) December 21, 2006

 

 

AMPAL-AMERICAN ISRAEL CORPORATION

(Exact Name of Registrant as Specified in Charter)

 

 

New York

0-538

13-0435685

(State or Other Jurisdiction
of Incorporation)

(Commission
File Number)

(IRS Employer
Identification No.)

 

 

111 Arlozorov Street, Tel Aviv, Israel

62098

(Address of Principal Executive Offices)

(Zip Code)

 

 

Registrant’s telephone number, including area code 1-866-447-8636

 

N/A

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

o

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

o

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

o

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

o

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)

 

Item 8.01

Other Events.

 

On December 21, 2006, Ampal-American Israel Corporation (the “Company”) issued a press release announcing that a wholly-owned subsidiary of the Company completed the previously announced purchase of additional shares of East Mediterranean Gas Company S.A.E., an Egyptian joint stock company, from Merhav M.N.F. Ltd., pursuant to an option granted to Ampal by Merhav M.N.F. Ltd. in August 2006. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated in this report by reference.

 

Item 9.01

Financial Statements and Exhibits.

 

(d)

Exhibits.

 

Exhibit No.

Description of Exhibit

99.1

Press release of Ampal-American Israel Corporation, dated December 21, 2006.

 

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: December 21, 2006

 

 

 

AMPAL-AMERICAN ISRAEL CORPORATION

 

 

 

 

 

By:

/s/ Yoram Firon

 

 

Name:

Yoram Firon

 

 

Title:

Vice President – Investments and Corporate Affairs

 

 

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EXHIBIT INDEX

99.1

Press release of Ampal-American Israel Corporation, dated December 21, 2006.

 

 

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