Ampol advances ACCC review of EG Australia acquisition as competition concerns narrow

Ampol Limited ( (AU:ALD) ) has issued an announcement.

Ampol has provided an update on regulatory review of its proposed acquisition of EG Australia, following the Australian Competition and Consumer Commission’s publication of a Notice of Competition Concerns summary. Under the new mandatory merger regime, the ACCC has moved the deal into a Phase 2 review, identifying specific local areas and sites where it sees potential competition issues while narrowing the overall number of locations under scrutiny.

The ACCC’s preliminary assessment now highlights 54 EG Australia sites across 51 local areas as raising competition concerns, down from 115 sites flagged for further review in January, and is also examining an additional 20 local areas without forming a view yet. The regulator continues to assess broader metropolitan-wide effects in Brisbane, Melbourne, Sydney and Canberra, while Ampol and EG prepare responses ahead of a 5 June 2026 determination deadline, with Ampol reiterating its confidence and willingness to work constructively with the ACCC.

The most recent analyst rating on (AU:ALD) stock is a Sell with a A$27.00 price target. To see the full list of analyst forecasts on Ampol Limited stock, see the AU:ALD Stock Forecast page.

More about Ampol Limited

Ampol Limited is an Australian fuel and convenience retailer operating service stations and related sites across major metropolitan areas including Brisbane, Melbourne, Sydney and Canberra. The company’s network focuses on fuel supply and convenience offerings, with market share by site in those cities ranging from around one-fifth to nearly one-third post its proposed expansion.

YTD Price Performance: -11.78%

Average Trading Volume: 895,115

Technical Sentiment Signal: Hold

Current Market Cap: A$6.71B

See more data about ALD stock on TipRanks’ Stock Analysis page.