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Caltex

Canadians return home to cool off after Caltex talks
2 days ago

Canadians return home to cool off after Caltex talks

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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Bidder’s credit impact brings negative outlook on Caltex
2 days ago

Bidder’s credit impact brings negative outlook on Caltex

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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Softer refining toughens the task for Caltex
5 days ago

Softer refining toughens the task for Caltex

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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Couche-Tard to examine Caltex as rivals prowl
6 days ago

Couche-Tard to examine Caltex as rivals prowl

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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Caltex takeover action revs up; management readies presentation
7 days ago

Caltex takeover action revs up; management readies presentation

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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Clamour for Caltex vindicates Segal strategy as retirement looms
2 weeks ago

Clamour for Caltex vindicates Segal strategy as retirement looms

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 board’s rejection of Couche-Tard offer seems like a canny move
2 weeks ago

Caltex board’s rejection of Couche-Tard offer seems like a canny move

The mere whiff that another predator could be circling Caltex should prompt its existing suitor Canada’s Couche-Tard to assess the merits of sharpening its pencil on the indicative offer it …
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Caltex shares jump on talk of bidding war
2 weeks ago

Caltex shares jump on talk of bidding war

Petrol stations and fuel networks are set to maintain their status as the hottest properties in Australian retail in 2020, as a potential rival bidder emerges for Caltex Australia following …
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UK’s EG Group weighs counterbid for Caltex Australia
2 weeks ago

UK’s EG Group weighs counterbid for Caltex Australia

EG Group, one of the world’s largest independent gas station and convenience store chains, is considering a bid for Caltex Australia in a move that could start a takeover battle …
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Junction works on getting fuel, gift cards for Kangaroo Island’s bushfire affected
2 weeks ago

Junction works on getting fuel, gift cards for Kangaroo Island’s bushfire affected

Junction is driving support for Kangaroo Island locals affected by the bushfires through a fuel card campaign.

Junction, which manages the Community Centre in Kingscote, is calling for South Australians …
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