Australia's Ampol rises as $789 million acquisition deal gets regulatory nod
03/06/2026 02:21
BUZZ-Australia's Ampol rises as $789 million acquisition deal gets regulatory nod ** Shares of Australian fuel retailer Ampol ALD.AX rise as much as 3.1% to A$34.840, logging their best intraday gain since April 23
** Stock hits its highest level since May 25
** Australia's competition watchdog approves ALD's A$1.1 billion ($789.47 million) buy of EG Australia, the local arm of Britain's EG Group
** Stock up over 8% this year, including the day's move
(Reporting by Rajasik Mukherjee in Bengaluru)
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