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JP MOrgan

Bidder’s credit impact brings negative outlook on Caltex
6 months ago

Bidder’s credit impact brings negative outlook on Caltex

By  •  ACAPMA, Corporate

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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