Australian antitrust authority conditionally approves Ampol's acquisition of EG Australia

Ampol proposed selling these gas stations during the second-stage review of the transaction by the Australian Competition and Consumer Commission, after previously suggesting the sale of 19 gas stations. The ACCC had initially expressed concerns about the transaction because it would merge EG Australia's 512 gas stations with the 622 gas stations under Ampol's two brands. The ACCC stated that Ampol will sell these 41 gas stations to Dib Group, which owns the Metro Petroleum brand and already operates more than 300 gas stations across Australia.