Viva Energy Australia Pty Ltd (Viva) proposes to acquire the remaining 50 per cent interest in Liberty Oil Holdings Pty Ltd (Liberty). As a part of the transaction, the assets of Liberty’s retail business will be transferred to a new company. Viva will hold a 50 per cent interest in the new retail company.
Viva's operations in Australia include refining, importing, wholesale and retail supply of fuel products.
Liberty is a wholesaler and retailer of fuel products.