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An announcement from Ampol Limited ( (AU:ALD) ) is now available.
Ampol has revised its proposed remedy to secure Australian Competition and Consumer Commission clearance for its planned acquisition of EG Australia, a large fuel and convenience network. The company now proposes to divest 37 sites, an increase of 18 from its original offer of 19 sites, after responding to the regulator’s preliminary competition concerns.
Ampol believes the expanded divestment package will fully address any remaining competition issues, and the ACCC will consult on both the remedy and potential buyers, who must also receive regulatory approval. The regulator’s Phase 2 determination is expected by 5 June 2026, and the transaction is targeted to complete in mid-2026, indicating a clearer path to closing if the revised remedy is accepted.
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 a major Australian fuel and convenience retailer, operating service stations and related infrastructure across the country. The company focuses on supplying transport fuels and associated convenience offerings to consumers and commercial customers in a highly regulated and competitive market.
Average Trading Volume: 1,307,862
Technical Sentiment Signal: Buy
Current Market Cap: A$7.93B
For detailed information about ALD stock, go to TipRanks’ Stock Analysis page.