Forecourt Trader - 30 years at the heart of the fuel retailing community
Keyword » Caltex
Euro Garages branding

EG Group competitor drops bid for Caltex Australia

The Canadian convenience store giant Alimentation Couche-Tard has withdrawn from the competition to buy the Australian fuel retailer and refiner Caltex Australia, but there has been no update from Euro Garages parent EG Group, which has made a rival bid.

Zuber (left) and Mohsin Issa
Euro Garages founders Zuber (left) and Mohsin Issa
  (Photo:  )

Caltex Australia rejects EG Group bid but offers talks

Euro Garages’ parent company EG Group has had its takeover offer for Caltex Australia rebuffed, but has been offered the opportunity for further negotiations.

Zuber (left) and Mohsin Issa
EG Group founders Zuber (left) and Mohsin Issa
  (Photo:  )

EG Group targets Caltex Australia for possible acquisition

Euro Garage’s parent company EG Group has approached fuel retailer and refiner Caltex Australia about the potential acquisition of some or all of its assets in a deal that could be worth more than £4.5bn.

My Account

You are not logged in.
  • Weekly
  • Weekly
  • Daily
Weekly retail fuel prices: 18 May 2020
RegionDieselLPGSuper ULUL
East Midlands112.21122.26106.78
North East110.8763.90125.50105.36
North West111.4965.90121.74106.55
Northern Ireland108.30111.90101.84
South East113.30122.65108.11
South West112.20120.84106.51
West Midlands112.13125.92106.81
Yorkshire & Humber111.7057.70123.12106.23

Most read

Have you introduced a new way of doing business/added new services during the pandemic, that you will continue to offer in the future?

Digital Edition