Ampol Limited (ASX/NZX:ALD) (Ampol) confirms that the sale of its Gull business in New Zealand (Gull) to a transaction vehicle entity of Allegro Funds Pty Ltd (Allegro) has become unconditional.
The S&P/NZX 50 Index is down 1.5% since the beginning of the year.
Pacific Edge is on a trading halt until Monday.
The downgrade comes ahead of Jan 26, when Briscoe's financial year ends.
To join your company account for BusinessDesk and enjoy full access, enter your email and we’ll send you details