Chevron exits Caltex and raises $3.6b

Demand was strong for the Australian petroleum refiner and distributor, with over 150 investors participating in the accelerated block.

US energy company Chevron raised A$4.7 billion ($3.6 billion) after offloading its 50% stake in Caltex Australia in one of the country’s largest ever block trades.  

¬ Haymarket Media Limited. All rights reserved.

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