BP buys Woolworths fuel business in Australia

• Posted in OilGas
• on December 30, 2016
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Oil company BP says it has agreed to buy the fuel business of Australian supermarket chain Woolworths Ltd. for $1.3 billion as part of its efforts to rebuild itself. The deal includes 527 fuel convenience sites and 16 other development sites across Australia. That adds to the 350 BP-owned gas stations in the country, and some 1,000 other BP-branded outlets owned by independent business partners. The deal, announced Wednesday, is subject to approval from Australian authorities and is expected to be complete over the next year. Samaje Perine Womens Jersey

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