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Ampol Limited ( (AU:ALD) ) has provided an update.
Ampol has confirmed that the Australian Competition and Consumer Commission will move to a Phase 2 review of its proposed acquisition of EG Australia under the country’s new merger control regime, following preliminary indications that competition issues could arise. The extended, in‑depth assessment—expected to take up to 90 business days—introduces additional regulatory scrutiny but Ampol says it remains confident and still expects the transaction to complete around mid‑2026, a timeline that is important for its plans to expand its retail fuel footprint and competitive position in the Australian convenience and fuel market.
The most recent analyst rating on (AU:ALD) stock is a Buy with a A$35.00 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 energy company listed on the ASX that operates in the fuel and convenience retailing sector, supplying petrol, diesel and related products through a national service-station network and to commercial customers.
Average Trading Volume: 953,201
Technical Sentiment Signal: Buy
Current Market Cap: A$6.98B
For detailed information about ALD stock, go to TipRanks’ Stock Analysis page.