Gull and NPD Merger Expected to Lower Fuel Prices

The Automobile Association supports a proposed merger between fuel companies NPD and Gull, which aims to create the largest independent, majority New Zealand-owned fuel company, potentially lowering pump prices. The merger would involve combining sites, teams, and supply chains and is pending Commerce Commission approval. The new company would be half-owned by the South Island-based Sheridan family, with Barry Sheridan, the current NPD owner, as its chief executive.

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