Image

Woolworths Petrol

Woolworths completes $1.7bn buy-back
2 months ago

Woolworths completes $1.7bn buy-back

Woolworths Group has successfully completed the $1.7 billion off-market buy-back announced last month, following the sale of its petrol business. 

Due to the strong demand for the buy-back, a 84.68 per …
Read More

Woolworths expected to return $1.7b through off-market buy-back
8 months ago

Woolworths expected to return $1.7b through off-market buy-back

Woolworths is expected to return $1.7 billion from the sale of its fuel retailing business through an off-market share buy-back to minimise earnings dilution and maximise the distribution of franking credits.

When …
Read More

Woolies sells petrol stations for $1.7bn
8 months ago

Woolies sells petrol stations for $1.7bn

Woolworths has outlined plans to sell its petrol retailing business to Britain’s EG Group for $1.73 billion, in a move that introduces a new player in the fuel distribution …
Read More

Euro Garages leads race for Woolworths’ petrol stations
9 months ago

Euro Garages leads race for Woolworths’ petrol stations

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 …
Read More

Woolworths invites co-lead pitches for petrol float
10 months ago

Woolworths invites co-lead pitches for petrol float

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 …
Read More

UK fuel retailers consider filling up at Woolworths Petrol
10 months ago

UK fuel retailers consider filling up at Woolworths Petrol

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 …
Read More

Woolies fuel deal safe, says Caltex
1 year ago

Woolies fuel deal safe, says Caltex

Caltex’s 15-year fuel supply agreement with Woolworths’ will not come under any pressure from the supermarket giant’s plans to float or sell its petrol business, Caltex boss Julian Segal …
Read More

Puma Energy set to pounce on Woolworths petrol stations
1 year ago

Puma Energy set to pounce on Woolworths petrol stations

A new name has emerged in the competition to buy about 230 Woolworths petrol stations, with Puma Energy said to be giving Peregrine a run for its money.

<p …
Read More

BP’s Woolworths fuel buy isn’t doomed but ACCC approval will come at a price
2 years ago

BP’s Woolworths fuel buy isn’t doomed but ACCC approval will come at a price

The proposed $1.8 billion acquisition of Woolworths’ fuel and convenience store business is entering a critical phase, with the Australian Competition and Consumer Commission starting to take market soundings …
Read More

BP’s Woolworths fuel buy isn’t doomed but ACCC approval will come at a price
2 years ago

BP’s Woolworths fuel buy isn’t doomed but ACCC approval will come at a price

The proposed $1.8 billion acquisition of Woolworths’ fuel and convenience store business is entering a critical phase, with the Australian Competition and Consumer Commission starting to take market soundings …
Read More