The Commerce Commission has published a statement of issues relating to an application from Ampol Limited (Ampol) seeking clearance to acquire 100% of the shares in Z Energy Limited (Z), subject to an undertaking from Ampol to sell its Gull business either by a trade sale or an IPO.
The Statement of Issues outlines the Commission’s potential competition issues with the acquisition following its initial investigation, including in relation to the proposed divestment undertaking. The Statement of Issues is not a final decision and does not mean that the Commission intends to decline or clear the acquisition.
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