--U.K.-based EG Group is considering a bid for Caltex Australia Ltd., which could pit it against Canada's Alimentation Couche-Tard for a takeover of Caltex Australia, Bloomberg reported citing unnamed sources.

--EG Group is working with a financial adviser for a possible offer for Caltex, which has a market value of 8.7 billion Australian dollars (US$6 billion), but no final decisions have been made, Bloomberg reported.

Full story: https://bloom.bg/2MZYhdx

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(END) Dow Jones Newswires

January 06, 2020 22:14 ET (03:14 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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