From todays ann
while Caltex has been growing its fuel sales and convenience store sales, it remains smaller
than competitors in key sectors such as retail petrol. The opportunity to expand our retail offer
through the acquisition of the Mobil-owned retail network is a good strategic fit for Caltex.
5
The proposed acquisition is currently under review by the ACCC. The announcement of the
ACCC's findings is scheduled for 2 December 2009.
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