Ampol Executes Share Sale Agreement To Acquire Evie Networks For A$225 Million

By Reuters News

Oct 1 (Reuters) - Ampol Limited ALD.AX:

  • AMPOL EXECUTES SHARE SALE AGREEMENT TO ACQUIRE EVIE NETWORKS

  • TO BUY 100% OF EVIE NETWORKS FOR A$225 MILLION

  • AMPOL (THROUGH A WHOLLY OWNED SUBSIDIARY) TO ACQUIRE 100% OF EVIE NETWORKS FOR A$225 MILLION

  • TO CREATE NETWORK OF 1,425 CHARGING BAYS ACROSS 400 SITES

  • TARGETING A$10 MILLION IN COST SYNERGIES WITHIN 3 YEARS POST COMPLETION

  • DEAL TARGETED TO COMPLETE IN FIRST HALF OF 2027

  • COMBINED BUSINESS EXPECTED TO ACHIEVE ANNUALISED EBITDA OF A$30 MILLION WITHIN 3 YEARS

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