Stephen McGrath (ILF2019) & Ricardo Conti (ILF2021)
The Advertiser
South Australian Shahin family-owned petrol station chain OTR is set to be acquired by an ASX-listed corporation for $1.2 billion.
ASX-listed Viva Energy will acquire South Australian family-owned petrol stations owner OTR Group for $1.2bn. The deal with Shahin family’s Peregrine Corporation is subject to customary regulatory approvals including the Foreign Investment Review Board and competition regulator ACCC.