Feb 17 (Reuters) - Takeover target Caltex Australia Ltd CTX.AX said on Monday it would allow Alimentation Couche-Tard Inc ATDb.TO to conduct additional due diligence, after the Canadian firm raised its buyout offer to A$8.80 billion ($5.91 billion) last week. the oil refiner and convenience store firm, said in a statement its board believed it was in the interests of shareholders to engage further with Couche-Tard.
The company said the due diligence will be on a non-exclusive basis. ($1 = 1.4883 Australian dollars)