Dec 14 (Reuters) - Australia's ACCC:
- VIVA ENERGY’S PROPOSED ACQUISITION OF OTR GROUP NOT OPPOSED, SUBJECT TO DIVESTITURE
- WILL NOT OPPOSE VIVA ENERGY'S PROPOSED ACQUISITION OF OTR GROUP
- ACCC DOES NOT CONSIDER VIVA ENERGY'S PROPOSED ACQUISITION OF OTR GROUP WILL RESULT IN A SUBSTANTIAL LESSENING OF COMPETITION
- VIVA ENERGY OFFERED TO DIVEST 25 OF ITS 32 RETAIL SITES IN RESPONSE TO CONCERNS RAISED BY ACCC
- VIVA ENERGY HAS PROPOSED CHEVRON AS THE UPFRONT PURCHASER OF THE DIVESTITURE SITES
- HAS APPROVED CHEVRON AS PURCHASER OF VIVA ENERGY'S 25 COLES EXPRESS SITES TO BE DIVESTED
News: VEA Australia's ACCC Says Viva Energy’s Proposed Acquisition Of OTR Group Not Opposed
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