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Woolworths Petrol

Woolworths expected to return $1.7b through off-market buy-back
4 days ago

Woolworths expected to return $1.7b through off-market buy-back

Woolworths is expected to return $1.7 billion from the sale of its fuel retailing business through an off-market share buy-back to minimise earnings dilution and maximise the distribution of franking credits.

When …
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Woolies sells petrol stations for $1.7bn
5 days ago

Woolies sells petrol stations for $1.7bn

Woolworths has outlined plans to sell its petrol retailing business to Britain’s EG Group for $1.73 billion, in a move that introduces a new player in the fuel distribution …
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Euro Garages leads race for Woolworths’ petrol stations
2 weeks ago

Euro Garages leads race for Woolworths’ petrol stations

Euro Garages owner EG Group appears to be in the box seat to buy Woolworths’ $1.8 billion petrol station operations as the supermarket giant’s discount department store Big W …
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Woolworths invites co-lead pitches for petrol float
2 months ago

Woolworths invites co-lead pitches for petrol float

Woolworths has widened its search for brokers to sell its petrol business via a proposed $2 billion-odd float.

Street Talk understands the Woolworths camp wrote to retail brokers last Friday, seeking …
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UK fuel retailers consider filling up at Woolworths Petrol
2 months ago

UK fuel retailers consider filling up at Woolworths Petrol

If there is one thing Woolworths CEO Brad Banducci doesn’t need to shout from the top of a mountain, it’s that his $2 billion-odd petrol business is for sale.

So perhaps …
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Woolies fuel deal safe, says Caltex
4 months ago

Woolies fuel deal safe, says Caltex

Caltex’s 15-year fuel supply agreement with Woolworths’ will not come under any pressure from the supermarket giant’s plans to float or sell its petrol business, Caltex boss Julian Segal …
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Puma Energy set to pounce on Woolworths petrol stations
6 months ago

Puma Energy set to pounce on Woolworths petrol stations

A new name has emerged in the competition to buy about 230 Woolworths petrol stations, with Puma Energy said to be giving Peregrine a run for its money.

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BP’s Woolworths fuel buy isn’t doomed but ACCC approval will come at a price
2 years ago

BP’s Woolworths fuel buy isn’t doomed but ACCC approval will come at a price

The proposed $1.8 billion acquisition of Woolworths’ fuel and convenience store business is entering a critical phase, with the Australian Competition and Consumer Commission starting to take market soundings …
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BP’s Woolworths fuel buy isn’t doomed but ACCC approval will come at a price
2 years ago

BP’s Woolworths fuel buy isn’t doomed but ACCC approval will come at a price

The proposed $1.8 billion acquisition of Woolworths’ fuel and convenience store business is entering a critical phase, with the Australian Competition and Consumer Commission starting to take market soundings …
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ACCC investigates service station deals
2 years ago

ACCC investigates service station deals

The independent fuel operators who have battled major service stations for years could be about to get a new lease on life thanks to the competition regulators.

More …
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