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EG's Caltex bid no longer facing regulatory review in Australia, as deal peters out

( April 30, 2020, 23:51 GMT | Official Statement) -- MLex Summary: UK-based transport fuel and convenience retailer EG Group’s cash and stock bid to acquire Caltex is no longer facing a review from Australia's competition watchdog. In an update to the Australian Competition & Consumer Commission's dedicated website for the bid, the ACCC said it would discontinue its investigation, which began in March. The decision follows an apparent lack of interest in pursuing the deal on the part of Caltex.  The entry from the ACCC website, dated April 30, follows:  ...

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