Z Energy: Middling Bid May Flush Out Competing Bid
Z EnergyMiddling Bid May Flush Out Competing Bid NEUTRAL Whilst on the face of it Ampol's (ALD) NZ$3.78 bid for Z Energy (ZEL) appears...
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Ampol Lobs an Offer for Z Energy
Z Energy revealed a non-binding indicative proposal from Ampol at NZ$3.78 per share. We suspect that there is some upside to the final offer price....
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Z Energy (ZEL NZ) Tentatively Backs Ampol's Approach
The Offer still looks light, most noticeably when compared to pre-Covid levels. It is ZEL's intention to grant DD to flesh out a bump. Ampol is...
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Ampol's NBIO for Z Energy: May Need More to Go Through
Ampol has submitted a non-binding indicative proposal to buy Z Energy at HK$3.78/share in cash. We feel that the deal will go through with a bump....
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Z Energy: Taking Another Step on the Road to Redemption
Z EnergyTaking Another Step on the Road to Redemption OUTPERFORM Z Energy (ZEL) delivered an investor day that is the next step on its road to...
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