SYDNEY, AUSTRALIA: Ampol Limited has executed a binding Scheme Implementation Agreement to acquire 100% of Z Energy for a cash offer price of NZ$3.78 per share representing acquisition enterprise value of NZ$2.8 billion. Z Energy is the market leader in…
AUCKLAND, NEW ZEALAND: Z Energy (ZEL) has received a non-binding indicative proposal from Ampol to acquire Z Energy at an offer price of $3.78 per share. The proposal would be implemented by way of a scheme of arrangement, a court-supervised…
AUCKLAND: Z Energy has welcomed announcement by the government that a biofuels mandate is to be implemented to help the country make a start on the carbon reduction in transport that is so urgently required. Accompanying Prime Minister Jacinda Ardern,…