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Chevron sells out for $4.7bn but Caltex says ‘it’s business as usual’

Caltex Australia chief Julian Segal says it is “business as usual” following US energy giant Chevron selling its 50 per cent shareholding in the fuel retailer and refiner for $4.7 billion.


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Australian food businesses in major turnaround with investment starting to pick up pace

International investment in Australian food companies has begun picking up pace.

Both large and small companies have sold to Asian buyers in recent times, from the billion-dollar deal for …
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Franchising Code – what you need to know

The new Franchising Code of Conduct came into effect at the start of this year, with implications for petroleum and convenience store operators, retailers, franchisees and franchisors.

In this article, …
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Lessons from Caltex
4 years ago

Lessons from Caltex

By  •  Information, Feature

As an inefficient refiner, Caltex used to be one of the worst businesses on the ASX. The company devoured large swathes of capital and spat back paltry and unpredictable returns. …
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