Announced

Completed

Chevron completed the acquisition of 25 retail sites from Viva Energy.

Synopsis

Chevron, an integrated energy company with operations in countries located around the world, completed the acquisition of 25 retail sites from Viva Energy, an Australian company that owns the Geelong Oil Refinery and retails Shell-branded fuels across Australia under a license agreement. Financial terms were not disclosed. Viva Energy initially offered to divest 23 of its 32 retail sites in Adelaide. However, the number of sites to be divested increased to 25 (24 in Adelaide and one in Ceduna) in response to concerns raised by the ACCC.

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MergerLinks - Chevron completed the acquisition of 25 retail sites from Viva Energy.