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Ampol, Z Energy talks in overdrive

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It’s down to the short strokes at Ampol and Kiwi counterpart Z Energy, who spent the weekend in back and forth talks to try to iron out a few minor sticking points.

After six weeks’ of exclusive talks, Ampol, Z Energy and their respective sets of bankers and lawyers, were trying to get to a signed $3 billion-odd agreement in time for Monday morning’s open.

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au

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Original URL: https://www.afr.com/street-talk/ampol-z-energy-talks-in-overdrive-20211010-p58yol