Bulked-up Ampol won’t wait for EV policies

Z energy

Bulked-up Ampol won’t wait for EV policies

1 year ago
Ampol is not waiting for the federal government to implement policies to encourage the transition to electric vehicles (EV) as it seeks to use the increased bulk and expertise from its proposed $1.9 billion acquisition of Kiwi petrol retailer Z Energy to accelerate the shift. New Zealand and many other countries have strong incentives to encourage a faster uptake of electric vehicles but the federal government has been slow to follow suit and during the […]
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Z energy

Z Energy refuels memories of Ampol interest

1 year ago
If there’s one thing Z Energy didn’t want to talk to investors about at its investor day on Wednesday, it was takeover interest. Z Energy got on the front foot, confirmed it had spoken to parties, and told analysts and shareholders that it wouldn’t take any further questions. Its statement said about as much: “Although we have discussions with other parties and actively consider opportunities that may arise from time to time, there is nothing […]
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