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Ampol Limited ( (AU:ALD) ) has issued an update.
Ampol has submitted a final remedy offer to the Australian Competition & Consumer Commission for its proposed acquisition of EG Australia, increasing the number of fuel retail sites it is prepared to divest from 37 to 41. The additional divestments follow further engagement with the regulator and are aimed at resolving competition concerns and expediting the approval process.
The company plans to sell the 41 sites as a single package and has already made material progress in discussions with potential buyers, signalling confidence in achieving a suitable divestment outcome. The ACCC’s Phase 2 determination is due by early June 2026, with the transaction targeted to complete in mid‑2026 subject to regulatory clearance and remaining conditions, potentially reshaping the competitive landscape in Australia’s fuel retail market.
The most recent analyst rating on (AU:ALD) stock is a Buy with a A$36.00 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 leading Australian fuel and convenience retailer and distributor, operating a nationwide network of service stations. The company focuses on supplying transport fuels and related convenience offerings to motorists and commercial customers, and has been actively pursuing growth through strategic acquisitions in the fuel retail sector.
Average Trading Volume: 1,313,965
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$7.6B
Learn more about ALD stock on TipRanks’ Stock Analysis page.