https://www.reuters.com/article/us-australia-m-a-fuel-idUSKBN20E0HE

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MELBOURNE (Reuters) - Electric vehicles have charged up investments around the world, but Australia is reveling in a slew of deals involving old-school petrol stations, with a bidding battle developing for one of its top fuel retailers, Caltex Australia ( CTX.AX ). FILE PHOTO: A motorist fills a car with fuel at a petrol station in Sydney. REUTERS/Tim Wimborne. A shake-up in the structure of the fuel industry over the past decade, sparked by refinery closures and oil major retreats, has produced deals worth $33 billion including offers for Caltex, according to Refinitiv data. That’s made petrol stations a reliable earner for the country’s dealmakers. That restructuring created four fuel re... Full story

20 February

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