Couche-Tard ups Caltex offer for last time

CALTEX and Alimentation Couch-Tard are continuing takeover negotiations, with the Canadian company raising its takeover bid to A$35.25 per share, declaring it a best and final price in the absence of a competing proposal.

Couche-Tard ups Caltex offer for last time Couche-Tard ups Caltex offer for last time Couche-Tard ups Caltex offer for last time Couche-Tard ups Caltex offer for last time Couche-Tard ups Caltex offer for last time

Meanwhile refiner margins down, but IMO2020 not COVID19 responsible

 
In November Caltex received an unsolicited, confidential and non-binding takeover offer from Couche-Tard of $34.50 per share, or A$6.8 billion.
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