VEA viva energy group limited

News: VEA Australian competition regulator approves Viva Energy acquisition of OTR Group

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    Dec 14 (Reuters) - The Australian competition regulator on Thursday approved Viva Energy's (VEA) acquisition of convenience store operator On the Run (OTR Group) from Adelaide-based Peregrine Corp for A$1.15 billion ($765.90 million).

    The regulator's approval comes after a court enforceable undertaking by Viva Energy to divest 25 Coles Express sites in South Australia.

    ($1 = 1.5015 Australian dollars) (([email protected]; Twitter: https://twitter.com/sameer_manekar))

 
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