Ampol rises to over two-week high as regulator approves EG Australia deal
05/06/2026 02:25
BUZZ-Ampol rises to over two-week high as regulator approves EG Australia deal ** Shares of Australia's Ampol ALD.AX up 8.7% at A$36.480 so far this week, set for their biggest weekly gain since the week ended March 6, if the trend holds
** Stock up 0.7% earlier in the day, its highest point since mid-May 2024
** The Australian competition watchdog on Wednesday approved the fuel retailer's acquisition of EG Australia, subject to conditions
** Australian Competition and Consumer Commission approved Dib Group (Metro Petroleum) as the purchaser of 41 retail fuel sites, if Ampol divests these sites
** Ampol stock up 14.3%, YTD
(Reporting by Keshav Singh Chundawat in Bengaluru)
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