Original article by Sue Mitchell
The Australian Financial Review – Page: 13 : 11-Jul-17

BP will have a similar number of petrol retailing sites as Caltex if a deal to acquire Woolworths’ petrol business is approved by the Australian Competition & Consumer Commission. The deal would also increase BP’s share of the wholesale fuel market to 30 per cent, compared with about 18 per cent at present. Grant Saligari of Credit Suisse says the ACCC may raise some issues regarding the proposed $A1.8bn deal, although they might not be of sufficient concern to completely veto the transaction.

CORPORATES
BP AUSTRALIA LIMITED, WOOLWORTHS LIMITED – ASX WOW, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, CALTEX AUSTRALIA LIMITED – ASX CTX, CREDIT SUISSE (AUSTRALIA) LIMITED, SHELL COMPANY OF AUSTRALIA LIMITED, COLES EXPRESS, MILEMAKER PETROLEUM PTY LTD, WOOLWORTHS LIMITED – ASX WOW