Takeover rumours continue to surround Z EnergyTakeover speculation continues to swirl around Z Energy ahead of a vote on whether to close down the refinery at Marsden Point. A spokesman for Z Energy said the company did not comment on such speculation. Following an investor day last week, Z Energy CEO Mike Bennetts said: "We are always very conscious of complying with our continuous disclosure obligations and we don't think it's helpful to provide comments on market speculation. Z Energy shares were up 17c, or 5.88 per cent, to $3.06 this morning. The refinery is owned by Refining New Zealand, of which Z Energy holds a 15.4 per cent stake.

Source: New Zealand Herald August 05, 2021 23:37 UTC