Ampol shares in trading halt as $1bn takeover deal announcement pends
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Ampol shares in trading halt as $1bn takeover deal announcement pends
Ampol has halted the trading of its shares on the ASX as the company awaits an announcement on its proposed acquisition of EG Group’s service station network in Australia. The petrol and diesel company is in late-stage discussions with EG Group to acquire the EG Ampol business for approximately $1 billion, according to the Australian Financial Review. The two firms have been in talks over the past 12 months. UK-based EG Group bought 540 fuel con…
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