Following EG Group’s rebrand of its sites to EG Ampol, C&I caught up with Leo Pucar, Commercial Director of EG Australia, to discuss the process.
EG Australia has partnered with the Royal Automobile Association (RAA) to offer members an exclusive fuel discount of four cents per litre.
Health-focussed fast food chain Oliver’s Real Food (OLI) has finalised a long-term supply agreement with UK based EG Group. Under the agreement EG will pay Oliver’s a one off $500,000 license fee for the exclusive use of Oliver’s branding under a 10 year deal. Oliver’s will also supply all products sold at EG’s Oliver’s outlets.
Caltex has revealed the newly redesigned Ampol logo as it gears up for a major rebrand back to the name. Unveiling the modernised logo on Wednesday, Caltex said it “nods to our proud 80 year history, but is a modern reflection of our organisation, as it exists today”, adding it symbolised ‘forward momentum’ and reflected
Health food chain Oliver’s Real Food have announced a surprising suitor for a takeover bid. In an ASX statement released yesterday, the company said they had received a bid from British based EG Group for $0.10 cash per share, in a deal estimated to be worth more than $25 million. It comes just weeks after
Caltex have rejected a takeover bid from EG Group. The UK based group submitted a split bid last month of $3.9 billion in cash for the convenience business and $15.62 in cash and securities for shareholders for the fuel and infrastructure business, including trading and shipping. However in a statement to shareholders this morning, Caltex
Caltex have announced Matthew Halliday has been appointed interim CEO, to replace Julain Segal, as they negotiate rival takeover bids. Mr Segal, who announced he would be retiring in August last year, will leave the company on March 2. Mr Halliday is currently chief financial officer at Caltex and his CFO position will be helmed
The bidding war for Caltex is gaining steam, with UK based EG Group submitting a long-anticipated bid for the company. It comes just days after Caltex announced they had granted EG’s Canadian rival Couche-Tard due diligence following their third and final $8.8 billion bid for the company. EG’s bid is split as $3.9 billion in
Caltex have agreed to allow Alimentation Couche-Tard (ATD) to undertake ‘due diligence’ as it weighs up the Canadian giant’s final takeover bid. C&I reported last week ATD had placed a final bid of $8.8 billion. The latest move, reported by Reuters, was outlined in a statement from the board to shareholders yesterday stating it was
Canadian conglomerate Couche-Tard have put forward their final bid for Caltex. Caltex confirmed this morning they had received the revised bid from Alimentation Couche-Tard (ATD) to acquire all shares at a price of A$35.25 per share (less dividends). The deal is estimated to be worth $8.8 billion. The higher bid follows Caltex sharing non-public information
Caltex Australia have confirmed they have been approached by the UK Group EG Group. Releasing a statement following media speculation of the approach, the company announced they have had approaches from multiple parties showing interest in acquiring Caltex or part thereof. However they note they have not received any proposed to acquire the company
Caltex Australia may have another takeover bid to contend with, according to Bloomberg. The media group have reported that the UK’s EG Group are potentially considering a takeover bid. According to the news, EG are currently working with a financial advisor to evaluate the viability of the bid. At this stage there is no move