Australia’s Caltex scraps ExxonMobil gas stations deal

PERTH, April 29 (BestGrowthStock) – Caltex Australia Ltd (CTX.AX: ),
the country’s largest refiner, has decided not to proceed with
its current proposal to buy ExxonMobil Corp’s (XOM.N: ) 302
service stations in the country, it said on Thursday.

Caltex said in a statement that it will explore other
opportunities to grow its business.

Stock Market News

(Reporting by Fayen Wong; Editing by Ed Davies)

Australia’s Caltex scraps ExxonMobil gas stations deal