SYDNEY (AFX-ASIA) Ð Shares of Caltex Australia Ltd and retailer Woolworths Ltd have been boosted by news of their plans to form a 50/50 discount fuel joint venture, dealers said. The companies said that the joint venture, which is expected to be operational by Christmas, will be earnings positive for both companies from the outset….
AUSTRALIA: Caltex Australia, Woolworths higher on discount fuel JV
Posted on August 27, 2003 by EnergyAsia