July 5 (Reuters) - Caltex Australia Ltd (WOW) :
- CALTEX AND WOOLWORTHS HAVE ENTERED INTO A NEW 15 YEAR FUEL SUPPLY AGREEMENT
- CO & WOOLWORTHS AGREED TO CO-CREATE A CONVENIENCE RETAIL OFFERING, ACROSS ABOUT 250 CALTEX RETAIL SITES
- WILL MAKE ONE-OFF PAYMENT OF ABOUT $50 MILLION IN JULY 2018
- TO LEVERAGE WOOLWORTHS' WHOLESALE GROCERY SUPPLY, WOOLWORTHS' REWARDS AND REDEMPTION OFFERINGS
- NEW FUEL SUPPLY AGREEMENT IS ON TERMS THAT REPRESENT A $80 MILLION REDUCTION IN ANNUAL EBIT TO CALTEX
