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Caltex Spurns $5.8B Couche-Tard Bid But Keeps Talks Alive

By Chelsea Naso ( December 3, 2019, 10:58 AM EST) -- Caltex Australia on Tuesday rejected a sweetened AU$8.6 billion (US$5.8 billion) offer from Canada's Alimentation Couche-Tard but kept the door open for negotiations, casting doubt on the retail gas and convenience chain operator's plans to float a portion of its convenience business. ...

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