SYDNEY (AFX-ASIA) – Coles Myer is negotiating to buy the entire Australian retail operations of Royal Dutch/Shell Group in a deal worth at least A$250 million, the Australian Financial Review reported, citing unidentified industry sources. (US$1=A$1.7). The deal would give Australia’s largest retailer about 27% of the retail gasoline market and would form the cornerstone…
AUSTRALIA: Coles Myer in talks to buy Shell’s Australian retail operations
Posted on March 7, 2003 by EnergyAsia