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Corporate

Viva Energy acquires Westside Petroleum
1 week ago

Viva Energy acquires Westside Petroleum

Petrol and diesel distributor, Viva Energy has agreed to acquire the remaining 50 per cent of the shares of Westside Petroleum.

This announcement follows a previous agreement in August 2018 by …
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Caltex investors back rebirth as Ampol
2 weeks ago

Caltex investors back rebirth as Ampol

Caltex Australia interim chief executive Matt Halliday expects the upswing of consumer support for all-Australian brands in the COVID-19 pandemic to stand the fuels supplier in good stead under its …
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Viva Energy REIT cuts management ties with Viva Energy
2 weeks ago

Viva Energy REIT cuts management ties with Viva Energy

Petrol station owner Viva Energy REIT has taken control of its own destiny by moving to cut management ties with energy company Viva Energy.

The $1.8bn real estate investment trust …
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Caltex cuts costs on new-look Ampol rebrand
3 weeks ago

Caltex cuts costs on new-look Ampol rebrand

The coronavirus crisis has allowed Caltex to cut the cost of its $165 million Ampol rebrand, with the fuel giant pushing ahead with the major revamp despite the turmoil in …
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Caltex back to business, restarts sale of petrol station sites
3 weeks ago

Caltex back to business, restarts sale of petrol station sites

The petrol tank’s full, the engine is running and the tyres have hit the tarmac – again.

With Canada’s Couche-Tard gone (but definitely not forgotten), Caltex and its bankers have turned their …
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Caltex reports pick-up in refiner margins
1 month ago

Caltex reports pick-up in refiner margins

Caltex Australia says its refiner margin has shown short-term growth but remains roughly half as strong compared with 2019 amid the coronavirus pandemic.

The company says its March refiner margin …
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Canadians yet to pull stumps on takeover play for Caltex
2 months ago

Canadians yet to pull stumps on takeover play for Caltex

Alimentation Couche-Tard is yet to call off its plans to take over Caltex.

Yet some take it as a given that if it proceeds, any offer would need to be …
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Couche-Tard still keen on Caltex but could seek lower price
2 months 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
3 months 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 months 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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