Canadian monolith launches takeover bid for Caltex

NORTH American retail giant Alimentation Couche-Tard has made a takeover bid for Caltex Australia via a scheme of arrangement worth around $8.5 billion.

Canadian monolith launches takeover bid for Caltex Canadian monolith launches takeover bid for Caltex Canadian monolith launches takeover bid for Caltex Canadian monolith launches takeover bid for Caltex Canadian monolith launches takeover bid for Caltex

 

Caltex told the market this morning it had received an unsolicited, confidential proposal from ACT to acquire the company at an indicative cash price of A$34.50 per share.

  • FREE coverage on the rapidly developing coronavirus pandemic. Visit our COVID-19 hub.
  • Latest COVID-19 Coverage: Govt's COVID-19 Commission under scrutiny. Read more.
  • Latest COVID-19 Coverage: NT throws cash at oil and gas industry. Read more.