CTX 0.16% $25.21 caltex australia limited

News: CTX Woolworths Group enters 15-year fuel supply deal with Caltex Australia

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    July 5 (Reuters) - Woolworths Group Ltd (WOW) , Australia's largest supermarket operator, said on Thursday it entered a 15-year fuel supply deal with Caltex Australia Ltd (CTX) , even as it continues to pursue an IPO or sale of its petrol business.

    The firm will also start a wholesale food supply to over 700 existing Caltex convenience sites as part of the deal.

    Thursday's deal comes two weeks after Woolworths cancelled a A$1.8 billion ($1.33 billion) sale of its petrol stations to BP Plc BP.L , after it was blocked by Australia's antitrust regulator.

    ($1 = 1.3545 Australian dollars)

 
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