EG throws hat in ring for Caltex

EG is now officially courting Caltex after Alimentation Couche-Tard made its third and final offer earlier this week. The Canadian company offered A$8.8 billion for the company in its non-binding offer prompting Caltex to agree to give it a look at the books on a non-exclusive basis.

‘Complex’ offer would split company, return $15/s to shareholders, give them Ampol shares

19 February 2020
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The takeover target earlier said EG had approached it but had not made a formal offer.

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