Subscribe today - find out more
Why you should consider BusinessDesk
CORONAVIRUS

The vaccine tracker: how NZ's rollout is progressing. By Andy Fyers

See details.
Markets

Gull could be roadblock to Z sale

Pattrick Smellie
Mon, 23 Aug 2021

Ampol subsidiary Caltex Australia bought the NZ operations of Gull in 2017 for $340m. (Image: Getty)
Pattrick Smellie
Mon, 23 Aug 2021
RELATED
Australia’s Ampol has made a full takeover offer for New Zealand's largest transport fuels distributor, Z Energy, valuing the company at almost $2 billion.The offer, pitched at $3.78 a share was announced after Z came out of trading halt on the NZX this morning, for a total value of $1.966 billion.However, a competition lawyer with deep experience of transport fuels markets believes such a deal will be very hard to get past the Commerce Commission while Ampol continues to own cut-price petrol retailer, Gull Petroleum.“Gull&rsquo...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Sport
Why US private equity still sees a silver lining in the All Blacks
Trevor McKewen | Sat, 16 Oct 2021

 Silver Lake has been battered from pillar to post in the great Kiwi rugby debate. So, why is it not giving up?

On the Money
On the Money: John Key, car boss's big bonus, Chris Meehan, and more
Rebecca Stevenson | Sat, 16 Oct 2021

OTM this week: who is the go-to lawyer for high net worth New Zealanders, can this listed company boss rev up his firm, which tech exec is living la vida normal, and more.

Opinion
Has Rob Everett thrown a hospital pass?
Brian Gaynor | Sat, 16 Oct 2021

Samantha Barrass, Rob Everett’s successor at the FMA, may have a baptism of fire.

Sponsored
Let's not lose sight of the wood for the trees

As much generation will need to be built in the next 14 years as has been built in the last 40+ years for Aotearoa to meet its commitment of achieving net zero emissions by 2050.

Sponsored
Getting the health and safety of remote workers right

With many staff working alone or in isolated situations, workplace health and safety is an operational priority. Here is how your business can protect remote workers.

© Content Ltd 2021.