Tag: acquisition

BP disappointed by ACCC opposition to Woolworths fuel takeover

The Australian Competition and Consumer Commission says it will oppose the planned acquisition of Woolworths’ network of retail service stations by BP Australia. “We are disappointed by the news,” BP Australia President Andy...

Caltex Australia to acquire key stake in major Filipino fuel provider

Caltex Australia has entered a “strategic partnership” with SEAOIL Philippines, the South-East Asian nation’s leading independent fuel company and fourth largest fuel retailer. Entering Asia for the first time, Caltex Australia will acquire...

ACCC delays consideration of BP/Woolworths acquisition

At the request of BP and Woolworths, the ACCC has delayed its consideration of BP’s proposed acquisition of the Woolworths’ retail service-station sites so that the ACCC can consider further information from...

ACCC flags concerns about BP’s proposed acquisition of Woolworths sites

The Australian Competition and Consumer Commission (ACCC) says the proposed acquisition by BP Australia Pty Ltd of Woolworths Limited’s network of retail service-station sites may substantially lessen competition for the retail supply...

Caltex completes Milemaker acquisition

Caltex Australia has completed the acquisition of 46 Milemaker sites following the ACCC’s May 4 decision not to oppose the transaction. Caltex Australia Managing Director and CEO Julian Segal said he was delighted...

Caltex gets ACCC green light to acquire Milemaker sites

The Australian Competition and Consumer Commission has decided to not oppose the proposed acquisition by Caltex Australia of a chain of Victorian service stations from Milemaker Petroleum. Caltex is proposing to acquire 46...

Proposed Milemaker acquisition a concern: ACCC

Caltex Australia Petroleum’s proposed acquisition of a chain of 46 service stations in Victoria from Milemaker Petroleum may substantially lessen competition for the retail supply of petrol in Melbourne, according to the...

Caltex sets sights on New Zealand

Caltex Australia has entered into an agreement to acquire Gull New Zealand (Gull) for around $325 million with plans to retain Gull’s brand, management and employees. Under the transaction, Caltex will acquire Gull’s...
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