Australia's Woolworths in talks over petrol station sale
UBS reported to have been hired to help secure a deal valued at A$1.5b
Sat, Oct 01, 2016 - 5:50 AM
REFOCUSING: Woolworths is in a price war with Coles and ALDI.
AUSTRALIAN supermarket giant Woolworths Ltd on Friday said that it was considering offers to buy its petrol station chain in a deal said to be worth more than US$1 billion, extending an asset sell-off as it shores up its core grocery business.