Australia's Ampol gains as regulator narrows takeover concerns; oil prices support
02/03/2026 01:12
** Ampol ALD.AX rises as much as 5% to A$29.59; marks biggest intraday pct gain since mid August, 2025 ** Australian Competition and Consumer Commission updates assessment on co's proposed takeover of EG Australia ** Identifies 54 EG Australia sites subject to competition concerns, lower than 115 sites flagged earlier in review ** Fuel retailer gains as oil prices soared more than 8% on escalating geopolitical tensions O/R ** YTD, ALD down 9% (Reporting by Nichiket Sunil in Bengaluru) ((Nichiket.Sunil@thomsonreuters.com))
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