Seven & I Holdings won the auction.
Ampol and a US PE firm were the underbidders.
I'm sure Ampol would have turned it into a good acquisition, but it would be a big distraction and would have caused risks around the ACCC.
Frees up a lot of cash for future dividends.
Congrats to the Ampol management team for taking a look, but also knowing when to pull back from a bid. That's not an easy skill.
I'd expect a slight relief rally, but it would have probably dropped if they did buy it.
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Last
$30.19 |
Change
-0.280(0.92%) |
Mkt cap ! $7.201B | |||
| Open | High | Low | Value | Volume |
| $30.45 | $30.51 | $30.19 | $1.590M | 52.51K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 94 | $30.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $30.20 | 317 | 7 |
View Market Depth
| Last trade - 10.48am 09/09/2025 (20 minute delay) ? |
| ALD (ASX) Chart |