November 29, 2020

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BP Australia

Australia’s competition body opposes BP’s proposed acquisition of Woolworths’ fuel retail outlets
Australia’s competition body opposes BP’s proposed acquisition of Woolworths’ fuel retail outlets

The Australian Competition and Consumer Commission (ACCC) announced its intention to oppose the proposed acquisition by BP Australia Pty Ltd of Woolworths Limited’s network of retail service station sites. The plan, which was announced in December 2016, would have seen BP buy Woolworths’ petrol stations for AUD 1.8 billion (USD 1.38 billion). Woolworths currently operates […]

December 19, 2017