What conditions did the ACCC impose for approving Ampol's acquisition of EG Australia?

The Australian Competition & Consumer Commission (ACCC) approved Ampol's A$1.1 billion acquisition of EG Australia subject to the divestment of 41 Ampol retail fuel sites; it approved Dib Group (Metro Petroleum) as the buyer for these sites and granted a notification waiver to implement the divestiture without further approvals or delays.

When does Ampol expect the acquisition of EG Australia to be completed, and what does this deal signify for EG Group in Australia?

Ampol expects the transaction to complete on June 30, 2026, and the deal — if completed — would mark EG Group's exit from Australia, where it had entered the market in 2019 after acquiring Woolworth's fuel business for $1.25 billion.

Australia approves Ampol's $789 million acquisition of EG Australia

Jun 2, 2026

The ACCC approved Ampol's A$1.1 billion acquisition of EG Australia's fuel retail business, mandating the divestment of 41 sites to preserve competition. The transaction is scheduled to complete by June 2026.

reuters

2026-06-02

Australia approves Ampol's $789 million acquisition of EG Australia

Australia approves Ampol's $789 million acquisition of EG Australia

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