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BRIEF-Caltex Australia confirms interest in the Woolworths fuels business

Published 18/10/2016, 08:41 am
© Reuters.  BRIEF-Caltex Australia confirms interest in the Woolworths fuels business
Caltex Australia Limited
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Oct 18 (Reuters) - Caltex Australia Ltd CTX.AX

* Caltex confirms interest in the woolworths fuels business

* Notes Woolworths Limited's previous announcement that it had received incomplete and conditional proposals

* Confirms that it made a conditional and confidential proposal to Woolworths to acquire its fuels business

* Caltex will maintain financial discipline in this process

* Is currently exclusive supplier of petrol and diesel to woolworths with annual sales volumes of 3.5 billion litres per annum

* As sale process is ongoing, and any transaction remains uncertain

* Any transaction remains uncertain and is expected to take time to complete Source text for Eikon: ID:nASX87xlTq Further company coverage: CTX.AX

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