Corporate

Continuing soft conditions for oil refining and a lack of clear rival bidder competition mean Caltex Australia’s suitor Alimentation Couche-Tard might be in no hurry to decide on its next step …
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Executives from Caltex Australia suitor Alimentation Couche-Tard, the Canadian convenience store group, are expected to take their time weighing up whether to make another offer for the fuel retailer, after …
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Caltex could suffer a weakened credit profile if Couche-Tard’s $8.6bn takeover bid proceeds due to the Canadian company’s weaker financial position, ratings agency S&P Global said.

The Australian fuels retailer …
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A weaker than expected end to 2019 at Caltex Australia’s refining business may have made it harder for the takeover target to extract a sweeter bid from its Canadian suitor …
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Takeover target Caltex Australia has advised it has signed a confidentiality agreement, as expected, with its Alimentation Couche-Tard ahead of presentations by senior management later on Thursday that will provide its Canadian …
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Canada’s Alimentation Couche-Tard is understood to be the only party interested in a full takeover bid for Caltex Australia, with the rival approaches made over the past few weeks limited …
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The protracted stalemate between Australian fuel bigwig Caltex and its Canadian suitor has finally been broken.

Street Talk can reveal a long-awaited management presentation by Caltex top brass to their …
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While the future of Australia’s largest fuels company, Caltex, is now uncertain, its shareholders are doing well from its new-found market attention.

A few months ago, shareholders were facing the …
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Caltex Australia has flagged a potential break-up of its wholesale and retail fuel arms, confirming it has fielded multiple approaches for all or some of its assets, including one from …
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Six months after it was floundering in the share market at $20 a share, fuel refiner, distributor and convenience store operator Caltex Australia has attracted the interest of multiple bidders, …
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