News: ALD New Zealand's Z Energy enters binding deal with Ampol

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    Oct 11 (Reuters) - New Zealand fuel supplier Z Energy (ZEL) said on Monday that it has entered a binding scheme implementation agreement with Ampol Ltd (ALD) after Australia's top fuel supplier made a NZ$1.97 billion ($1.36 billion) takeover bid in August.

    Z Energy had said it would open its books to Ampol after the NZ$3.78 per share buyout offer, which followed three previous approaches that were not publicly disclosed. ($1 = 1.4453 New Zealand dollars)

 
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$29.96
Change
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Price($) Vol. No.
$29.97 408 14
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