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ALD Ampol News Story

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EnergyConservativeLarge CapNeutral

Australia's Ampol surges on sweetening offer to win regulator nod for EG Australia deal

** Shares of AmpolALD.AX rises as much as 4.8% to A$33.67, their biggest intraday pct gain since March 19

** Co revised remedy proposal to win competition regulator nod for A$1.1 billion ($773.96 million) takeover of EG Australia

** Broader energy sub-index .AXEJ up 2.7% after oil prices rose on doubts about U.S.-Iran ceasefire O/R

** YTD, shares up 4.5%

($1 = 1.4213 Australian dollars)

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))

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