Mergers & Acquisitions Mergers & Acquisitions

EG’s plans to acquire Caltex raise regulatory questions about impact on Australian fuel prices

By Laurel Henning
  • 05 Mar 2020 19:51
  • 05 Mar 2020 19:51

UK-based transport fuel and convenience retailer EG Group’s cash and stock bid to acquire Caltex Australia is facing an informal merger review from Australia’s competition watchdog, despite Caltex’s initial rejection of the deal.

The Australian Competition & Consumer Commission, or ACCC, is seeking views on its market inquiries letter, published today (see here),

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