Chevron Announces Sale of Interest in Caltex Australia Ltd


Shareholding sell-down consistent with stated divestment goals Company remains focused on moving Australian LNG projects towards start-up SAN RAMON, Calif.–(BUSINESS WIRE)–Mar. 27, 2015– Chevron Corporation’s (NYSE: CVX) wholly owned subsidiary Chevron Global Energy Inc. today announced that it has entered into an underwriting agreement for the sale of its 50 percent shareholding in Caltex Australia Limited (CAL). It is expected that these shares will be sold to a broad range of Australian and global equity market institutional investors. “This transaction reflects Chevron’s commitment to reg…
Chevron News Release