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Kiwi-Owned Fuel Giants Merge, Benefiting Motorists

Kiwi-Owned Fuel Giants Merge, Benefiting Motorists

Published 2 weeks ago
Description

The Commerce Commission approves merger between NPD and Gull, creating New Zealands biggest independent, majority Kiwi-owned fuel network. The deal allows Astra Energy Group to buy all shares in both companies parents, with Barry Sheridan from NPD becoming the new group CEO. The merged entity will expand reach, shake up more spots nationwide, and drive down pump prices.

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