Petrol stations across New Zealand are currently facing outages at self-service pumps due to a ‘leap-year glitch’.
The New Zealand Commerce Commission (NZCC) has provided clearance for Ampol to acquire New Zealand’s Z Energy Limited. The acquisition remains subject to Ampol obtaining Overseas Investment Office (OIO) approval, and the Z Energy shareholder vote, which is scheduled for 25 March. Under the clearance provided by the NZCC, Ampol has nine months from the
Ampol has entered into a binding agreement with Australian investment manager, Allegro for the sale of Gull.