Tag: acquisition

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...

Woolworths-BP deal set to shake up P&C landscape

The $1.785 billion sale of Woolworths’ fuel business to BP is awaiting approval from the ACCC and Foreign Investment Review Board, with completion expected no earlier than January 2, 2018. Meanwhile, the...

Caltex acquires Milemaker

Caltex Australia has agreed to acquire Milemaker Petroleum’s retail fuel business assets in Victoria for $95 million. Under the transaction, Caltex will acquire the business assets and take over operation of 46 service...
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