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
$27.08 |
Change
-0.160(0.59%) |
Mkt cap ! $6.453B | |||
| Open | High | Low | Value | Volume |
| $27.13 | $27.23 | $27.00 | $11.35M | 419.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 575 | $27.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.16 | 128 | 1 |
View Market Depth
| Last trade - 16.13pm 13/08/2025 (20 minute delay) ? |
| ALD (ASX) Chart |