2318 GMT - Could Ampol bid for EG Group's gas station business in Australia? UBS crunches the numbers on what a deal might look like. EG runs a network of 517 sites in Australia. UBS assumes that EG generates A$100 million of replacement-cost Ebitda from that network in FY 2025 and that a transaction could be worth A$1.0 billion-A$1.5 billion. "Ampol could fund a A$1 billion acquisition with 100% debt and stay within the target leverage range (2.4x)," analyst Tom Allen says. "But a A$1.5 billion acquisition would require a minimum A$400 million equity raise to stay inside the top end of the range." A deal could boost Ampol's EPS by more than 5%, UBS says. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
July 13, 2025 19:18 ET (23:18 GMT)
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