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Z Energy and Ampol split over flagged Gull sale

Material or full sale? Firmer view expected in four weeks.

Reweti Kohere Tue, 24 Aug 2021

Only a full sale of Gull New Zealand will secure Aussie owner Ampol clearance from New Zealand’s competition watchdog to purchase Z Energy, Z’s leader has said, as the listed Kiwi fuel retailer begins four weeks of exclusive takeover talks.

But with Ampol having flagged Gull’s divestment

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Reweti Kohere Tue, 24 Aug 2021
Contact the Writer: reweti@nbr.co.nz
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Z Energy and Ampol split over flagged Gull sale
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