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Corporate

Caltex rebrand strengthens Couche-Tard’s stance on value
1 month ago

Caltex rebrand strengthens Couche-Tard’s stance on value

Caltex Australia’s looming loss of its household brand name may play into the hands of its Canadian suitor Alimentation Couche-Tard, as analysts count the cost of its rebranding to lesser-known Ampol …
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2019 CEO Survey: Julian Segal, Caltex
2 months ago

2019 CEO Survey: Julian Segal, Caltex

Every year The Australian’s John Durie asks some of the biggest names in Australian business five key questions about what’s coming in the year ahead.

How is your company affected …
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Chevron buys Puma Energy for $425m
2 months ago

Chevron buys Puma Energy for $425m

Chevron will spend $425 million to acquire Puma Energy’s Australian business in a surprise move to re-enter the fuels retailing market in Australia only four years after exiting it through …
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Caltex, Couche-Tard standoff delays deal
2 months ago

Caltex, Couche-Tard standoff delays deal

Expectations are fading of progress before Christmas towards a renewed approach for Caltex by its suitor Alimentation Couche-Tard as the two parties haggle over the terms for access to commercial …
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Does Caltex’s suitor really want to pay so much for so little?
2 months ago

Does Caltex’s suitor really want to pay so much for so little?

One of the great curiosities of the $8.6 billion indicative offer by Canada’s Alimentation Couche-Tard is that it is apparently prepared to bid so much to get its hands on …
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Caltex closer to accepting Couche-Tard buyout offer
2 months ago

Caltex closer to accepting Couche-Tard buyout offer

Caltex is edging closer to a deal with potential Canadian-based bidder Couche-Tard, which is considering signing a confidentiality agreement for limited due diligence on the fuels retailer.

It is understood …
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Couche-Tard bid delays Caltex CEO succession
2 months ago

Couche-Tard bid delays Caltex CEO succession

Couche-Tard’s $8.6 billion takeover proposal has thrown a spanner in the works of succession planning at Caltex, with the board already close to naming a successor to Julian Segal.

If …
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Charter Hall revs up petrol station market with $840 million BP deal
2 months ago

Charter Hall revs up petrol station market with $840 million BP deal

Global fuel giant BP has followed in the footsteps of rival Caltex and sold a half share of its $1.7 billion petrol station portfolio to listed property company Charter Hall.


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Caltex ‘should sell convenience unit’
2 months ago

Caltex ‘should sell convenience unit’

Fuel retailer Caltex could consider a break-up of the company and hive off its convenience division as Canada’s Couche-Tard weighs whether to lift its $8.6 billion takeover bid.

Caltex rejected …
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Caltex parries takeover with retail site sales
3 months ago

Caltex parries takeover with retail site sales

Caltex Australia, the target of a $8.6 billion takeover bid from a Canadian suitor, has announced plans to sell 25 high-value petrol station sites for about $136 million and raise as much …
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