U.K.'s EG Group Mulls Counter Bid for Caltex Australia -Bloomberg
January 06 2020 - 9:29PM
Dow Jones News
--U.K.-based EG Group is considering a bid for Caltex Australia
Ltd., which could pit it against Canada's Alimentation Couche-Tard
for a takeover of Caltex Australia, Bloomberg reported citing
unnamed sources.
--EG Group is working with a financial adviser for a possible
offer for Caltex, which has a market value of 8.7 billion
Australian dollars (US$6 billion), but no final decisions have been
made, Bloomberg reported.
Full story: https://bloom.bg/2MZYhdx
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(END) Dow Jones Newswires
January 06, 2020 22:14 ET (03:14 GMT)
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