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WOOLWORTHS GROUP LIMITED — Capital/Financing Update 2018
Jun 20, 2018
66075_rns_2018-06-20_6632c478-ad9d-4078-8ade-4fe2f25eba63.pdf
Capital/Financing Update
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21 June 2018
ASX Market Announcements Office Australian Securities Exchange 20 Bridge Street Sydney NSW 2000
Update on Sale of Petrol Business to BP
Woolworths Group Limited (Woolworths Group) (ASX: WOW) today announces that it has been notified by BP Australia that BP will not continue with the proposed purchase of the Petrol business as announced on 28 December 2016.
As a result, the sale agreements, and strategic partnership agreements, entered with BP on 24 December 2016 will no longer be continued by BP.
As previously announced, Woolworths Group is continuing to engage actively with alternative options for its Petrol business.
For further information contact:
Investors and analysts: Paul van Meurs, Head of Investor Relations: +61 407 521 651 Media: Woolworths Group Press Office: +61 2 8885 1033, Citadel-MAGNUS: Peter Brookes: +61 407 911 389
Woolworths Group Limited ABN 88 000 014 675