Agreed. A little opportunistic with the timing, (again not unlike the MET takeover).
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NZ Refining now in play
i took money and run, given ampol own gull new zealand, i can not see why commerce commission give green light to this deal.
What? $3.80. It wasn't so long ago Milford had these valued at over $6.00. I wouldn't be happy with anything but all cash at over $4.00.
who are Ampol going to buy the shares off?
what % do they hold already? It is presumably less than 5 otherwise we would know
Ampol said they are gonna sell gull should they buy Zel.
The attempted takeover of Caltex/Ampol recently was pretty aggressive with improved offers and new contenders coming out of the wooodwork. Covid stopped the final deal
Possibly more interested parties for Z might emerge ….no schemes of arrangement just a hostile takeover.
Hope so