Tag Archives: woolworths

BP not proceeding with Woolworths’ fuel network buyout

BP Australia has announced it won’t continue with its proposed acquisition of Woolworths’ retail fuel and convenience business. Despite its best efforts, BP has determined the transaction, originally announced on December 28, 2016, cannot be structured to meet its strategic objectives. In a statement released this week, BP Australia said, …

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BP disappointed by ACCC opposition to Woolworths fuel takeover

The Australian Competition and Consumer Commission says it will oppose the planned acquisition of Woolworths’ network of retail service stations by BP Australia. “We are disappointed by the news,” BP Australia President Andy Holmes said. “We remain confident that, with appropriate divestments as offered by BP, this transaction would not …

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ACCC set to allow shopper-docket discounts in BP/Woolworths deal

The Australian Competition and Consumer Commission has issued a draft decision proposing to grant conditional authorisation to a commercial alliance that would allow participating BP service stations to accept Woolworths shopper dockets and participate in the Woolworths Rewards loyalty program, if BP is successful in acquiring Woolworths’ service stations. The …

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ACCC flags concerns about BP’s proposed acquisition of Woolworths sites

The Australian Competition and Consumer Commission (ACCC) says the proposed acquisition by BP Australia Pty Ltd of Woolworths Limited’s network of retail service-station sites may substantially lessen competition for the retail supply of fuel across metropolitan areas and is seeking feedback from interested parties. ACCC Chairman Rod Sims says Woolworths …

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BP/Woolworths deal sparks competition concerns

Master Grocers Australia (MGA) has written to the ACCC, expressing concerns about BP’s proposed acquisition of Woolworths’ network of service stations and calling for the Commission to protect the interests of small businesses against any future anti-competitive activity. MGA CEO Jos de Bruin notes that a consequence of the acquisition …

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Consultancy aims to drive industry collaboration

A new consultancy group specialising in the food and beverage value chain has been launched, with Woolworths already engaging it to drive collaboration with its private-label suppliers. Experienced management consultant Paul Eastwood established the new entity, Pollen Consulting Group, which he described as “the go-to people on value chain transformation, …

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