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Company News

Caltex Australia says Couche-Tard raises offer to $5.9 bln

Feb 13 (Reuters) - Takeover target Caltex Australia said on Thursday Alimentation Couche-Tard sweetened its offer to A$8.80 billion ($5.93 billion) for the convenience store operator.

Canada’s Couche-Tard new offer is A$35.25 cash per share, up from its previous offer of A$34.5 a share. ($1 = 1.4846 Australian dollars) (Reporting by Nikhil Kurian Nainan in Bengaluru; Editing by Bernard Orr)

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