3 months ago
Lower oil price margins and a refinery blackout has forced Viva Energy to cut profit forecasts just four months after its sharemarket debut, amid an emerging battle to improve …
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4 months ago
Euro Garages owner EG Group appears to be in the box seat to buy Woolworths’ $1.8 billion petrol station operations as the supermarket giant’s discount department store Big W …
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4 months ago
Woolworths is understood to have pushed back until next year its initial public offering plans for its $2 billion petrol stations division as markets remain volatile and Viva Energy continues …
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4 months ago
Woolworths will decide by the end of October whether to press ahead with a $1.6 billion float of its fuel business amid fears decade-high petrol prices and a stoush between Coles and Viva Energy …
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5 months ago
Woolworths has widened its search for brokers to sell its petrol business via a proposed $2 billion-odd float.
Street Talk understands the Woolworths camp wrote to retail brokers last Friday, seeking …
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5 months ago
If there is one thing Woolworths CEO Brad Banducci doesn’t need to shout from the top of a mountain, it’s that his $2 billion-odd petrol business is for sale.
So perhaps …
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5 months ago
Oil prices eased on Thursday, slowing an upward surge that had pushed the market toward four-year highs, after U.S. President Donald Trump called on OPEC to “get prices down now!”
5 months ago
The arrival of Amazon.com first posed a threat to the likes of JB Hi-Fi Limited (ASX: JBH) and Harvey Norman Holdings Limited (ASX: HVN) before speculation emerged that it would next target supermarkets.
Now the US-listed …
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6 months ago
A look at the shareholders of Caltex Australia Limited (ASX:CTX) can tell us which group is most powerful. Large companies usually have institutions as shareholders, and we usually see insiders …
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6 months ago
Fuel retailer Caltex, which plans to sell a $500 million stake in its convenience sites, has conceded it may have erred with a decision to cut its dividend after …
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