The Australian Competition and Consumer Commission has given the green light to Viva Energy’s proposed $1.15 billion buyout of Adelaide-based Peregrine Corporation’s chain of fuel and food outlets.
The buyer of South Australian fuel and convenience store chain OTR Group has committed to sell 25 service stations in SA to ease concerns from the Australian Competition and Consumer Commission.
South Australian petrol station and convenience store chain OTR Group has been sold to an interstate company for $1.15 billion, with plans for national expansion.