The move to offload the significant stake in its retail sites follows an internal review of its retail network.
FUEL retailer and wholesaler Caltex Australia today said it will divest a 49% interest in 250 core petrol and fuel stations, a move it hopes will generate “significant value” for shareholders and allow the company to maintain operational control of its retail chain.
The move to offload the significant stake in its retail sites follows an internal review of its retail network.