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Couche-Tard still keen on Caltex but could seek lower price
1 week ago

Couche-Tard still keen on Caltex but could seek lower price

The chief executive of Alimentation Couche-Tard has expressed keen interest in pursuing a takeover bid for Caltex Australia but has hinted that the crash in equity markets due to COVID-19 …
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Oliver’s a $25m snack option for EG Group
2 weeks ago

Oliver’s a $25m snack option for EG Group

Service station health food outlet Oliver’s has firmed as a $25 million snack option for EG Group as the restaurant chain enters advanced takeover discussions with the British firm.

Oliver’s …
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Oil market rout puts Caltex takeover deal in doubt
3 weeks ago

Oil market rout puts Caltex takeover deal in doubt

The proposed $8.8 billion cash takeover offer for Caltex Australia from Alimentation Couche-Tard has been thrown into heightened uncertainty by the rout in oil prices that has undermined share prices and …
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Caltex board keeps door ajar for EG Group
4 weeks ago

Caltex board keeps door ajar for EG Group

Caltex Australia says the $3.9 billion-plus buyout proposal from British company EG Group undervalues the company, but it is prepared to talk further with EG because a better deal might eventuate.

Analysts …
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Rival Caltex suitor prepares to enter data room: sources
4 weeks ago

Rival Caltex suitor prepares to enter data room: sources

British petrol and convenience store chain EG Group is poised to gain access to Caltex Australia’s books.

It is understood EG should receive a formal response waving it through to …
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Caltex names interim CEO as takeover looms
1 month ago

Caltex names interim CEO as takeover looms

Caltex Australia has appointed chief financial officer Matthew Halliday as interim chief executive as Julian Segal is to step down in the middle of a $8.8 billion takeover battle for …
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ACCC to look at EG Group’s Caltex bid
1 month ago

ACCC to look at EG Group’s Caltex bid

A takeover offer for Caltex by Britain’s EG Group will face a probe by the competition regulator if it proceeds after Britain’s billionaire Issa brothers joined a bidding war for …
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Macquarie enters the field of possible Caltex bidders
1 month ago

Macquarie enters the field of possible Caltex bidders

Speculation is mounting that Macquarie Group interests could be working on a separate bid for all of Caltex after EG Group went alone and made a $3.9bn offer for part …
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EG Group lobs rival bid for Caltex
1 month ago

EG Group lobs rival bid for Caltex

UK-based EG Group has lobbed a rival takeover offer for Caltex Australia, providing firm competition for the fuel supplier’s existing suitor, Canadian retailing giant Alimentation Couche-Tard.

Caltex on Wednesday confirmed it …
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Couche-Tard poised to enter Caltex data room
1 month ago

Couche-Tard poised to enter Caltex data room

It’s a case of third time lucky for Canada’s Alimentation Couche-Tard, which has lobbed three bids at domestic fuel retailer Caltex and but is only now about to get the …
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