- Through a deal considered to have ended months of negotiations over various terms, agreed to on December 24.
- BP (NYSE:BP) is set to gain 527 Woolworths (OTCPK:WOLWF) fuel and convenience stations and 16 committed development sites.
- Long-term strategic partnership arranged for equal funding of 4 cents per liter [cpl] fuel discount for a minimum 10-year period, among other points.
- Finalization expected no earlier than January 2018.
- Press release [Woolworths Group]