Viva Energy’s proposal to buy the OTR Group won’t be opposed by the Consumer Watchdog.
The energy giant is committing to sell off 25 Coles Express sites in South Australia to another company.
Viva Energy has proposed Chevron as the upfront purchaser of the divestiture sites, and following consultation, the ACCC has approved Chevron as the purchaser of the 25 Coles Express sites to be divested.
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In exchange for the 25 divestiture sites, Viva Energy will receive 13 Chevron sites located in Queensland, New South Wales and Western Australia.
OTR has outlets in Mildura, Irymple and South Australia’s Riverland.
Image: https://pixabay.com/photos/refuel-gas-station-gas-pump-petrol-2157211/
