Ampol Limited (ASX:ALD) is in advanced talks for a sale of Z Energy Limited (NZSE:ZEL) sites with a party that is believed to be New Zealand property syndicator Willis Bond. Ampol launched a NZD 2 billion buyout for Australia and New Zealand-listed Z Energy last year that will complete on May 10. Z Energy has about 481 total network sites in New Zealand.

It is understood the talks relate to about 50 sites worth about NZD 140 million ($126 million).