AUSTRALIA

Caltex approved for takeover

THE Australian Competition and Consumer Commission will not oppose Caltex's $95 million acquisition of the Scotts Group fuel division thanks to compromises since made by the fuel retail giant.

Andrew Snelling

Caltex will sell three Mt Gambier sites in South Australia and its Nhill site in Victoria to ACCC-approved buyer Agostino to sate the regulatory body's competition concerns in those areas. Agostino is...

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