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Chevron Agrees to Acquire Puma Energy (Australia) Holdings Pty Ltd

  • Region:

    Australia

  • Sector:

    Energy

  • Deal Size:

    AU$425 million

  • Buy Side Company:

    Chevron Australia Downstream Pty Ltd
  • Sell Side Company:

    Puma Energy
  • Target Company:

Chevron Australia Downstream Pty Ltd, a wholly-owned subsidiary of Chevron Corporation, today announced that it has signed a conditional Share Sale Agreement with Puma Energy Asia Pacific B.V. to acquire all shares and equity interests of Puma Energy (Australia) Holdings Pty Ltd for the amount of AU$425 million. Puma Energy (Australia) Holdings Pty Ltd and its subsidiaries hold assets including a network of company-owned and retailer-owned service stations in Australia, a commercial and industrial fuels business, owned or leased seaboard import terminals and fuel distribution depots.

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