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MARKETS

Caltex knocks back takeover offer

CALTEX Australia has rejected a second takeover offer from North American retail giant Alimentation Couche-Tard worth more than A$8.5 billion.

paul hunt
Caltex knocks back takeover offer

ACT recently made an unsolicited proposal to acquire the Caltex at an indicative cash price of $34.50 per share. The proposal followed an earlier attempt by ACT which was also rejected on the basis...

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