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NEW ZEALAND

Chevron sells NZ refining stake

FRESH from the $4.73 billion sale of its 50% stake in Caltex Australia, Chevron Corporation has m...

Haydn Black

The sale of the 35.5 million shares was handled by Deutsche Bank. Institutional investors paid around $77 million for the stake, and there is now widespread speculation it could sell its Caltex business...

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