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ZEL Z Energy Ltd

3.45
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 20 minutes
Share Name Share Symbol Market Type
Z Energy Ltd ASX:ZEL Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 3.45 3.44 3.47 0.00 01:00:00

Z Energy to Buy Chevron's New Zealand Filling Stations -Report

01/06/2015 4:28am

Dow Jones News


Z Energy (ASX:ZEL)
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Z Energy Ltd. (ZEL.NZ. ZNZ.AU) is poised to acquire Chevron Corp.'s (CVX) New Zealand filling station network for 800 million New Zealand dollars (US$567 million), according to a report Monday in the Australian Financial Review.

The deal will involve Z Energy launching a NZ$150 million capital raising, the newspaper reported, without citing sources. A spokesperson for Chevron wasn't immediately available to comment on the report.

Z Energy's shares were placed in a trading halt Monday.

Newspaper website: http://www.afr.com

Write to djnews.sydney@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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