In an ominous sign, the ACCC has delayed for the third time its final decision on BP's $ 1.8 billion acquisition of
the Woolworths fuel business.
The competition watchdog has delayed for the third time its final decision on BP's $ 1.8 billion acquisition of
the Woolworths fuel business, raising new fears the deal could be blocked or scaled back.
Caltex had also bid for
the Woolworths fuels business but lost out to its rival.
Not exact matches
Meanwhile, at the request of BP and
Woolworths, the ACCC has delayed for the third time making a final decision on BP's proposed $ 1.8 billion acquisition of
Woolworths»
fuel business.
The commission believes that if the BP deal does not go ahead
Woolworths is likely to retain the
fuel business.
Global energy giant BP has vowed to be more price competitive in Australia in an attempt to gain clearance for its $ 1.8 billion acquisition of
Woolworths»
fuel business.
BP has vowed to be more price competitive in Australia in an attempt to gain clearance for its $ 1.8 billion acquisition of
Woolworths»
fuel business.
Woolworths can fund its ambitious store renewal program without $ 1.8 billion in cash from the sale of its
fuel business, says CEO Brad Banducci.
Woolworths Group chief executive Brad Banducci says the supermarket chain can fund its ambitious store renewal program without $ 1.8 billion in cash from the sale of its
fuel business, which has been blocked by the competition regulator.
British energy giant BP remains confident its $ 1.8 billion acquisition of
Woolworths»
fuel business will proceed even though the competition watchdog has delayed a decision until August.
The competition watchdog has delayed making a decision on BP's $ 1.8 billion acquisition of
Woolworths»
fuel business until August after receiving a request for more time by
Woolworths and BP.
Fuels giant BP has dismissed reports its $ 1.78 billion acquisition of
Woolworths» petrol
business is anti-competitive, «bad for the consumer» and unlikely to pass muster with the competition regulator.