Electric vehicles have charged up investments around the world, but Australia is...
), each with about 14-16% of the market - yet leaving enough opportunities to lure independents, too, in a market worth tens of billions of dollars a year.
The offer pits EG, which entered the market last year with the purchase of some sites from Woolworths, against Canadian convenience store giant Alimentation Couche-Tard , which has offered A$8.8 billion in cash for all of Caltex. In 2017 it blocked the sale to BP of Woolworths sites, and in 2010 it stopped Caltex buying Exxon’s portfolio.
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