BUZZ-Australia's Viva Energy rises on ACCC nod for acquiring rest of LOC Global

Reuters
2024-12-12

** Shares of Viva Energy Group rise as much as 2.7% to A$2.69, their biggest intraday pct jump since late-Nov

** ACCC to not oppose co's acquisition of remaining 50% stake in LOC Global from New World Corp $(NWC.AU)$ after accepting a court-enforceable undertaking which requires divestments

** Undertaking requires Viva Energy to divest 14 LOC retail fuel and convenience sites across South Australia, Victoria, Queensland and the Northern Territory to a subsidiary of NWC

** LOC is a joint venture currently owned by Viva Energy and NWC

** Viva Energy and LOC overlap in the supply of retail fuel across metropolitan and regional areas

** Stock has fallen 24.9% this year, as of last close

(Reporting by Namrata Verma in Bengaluru)

((namrata.verma@thomsonreuters.com))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10