Fleet News

Save Group takeover mystery

MYSTERY surrounds takeover talks involving the petrol retailer Save Group. Share prices have been rising and falling as speculation grows as to who could be behind the attempted takeover. Texaco, Elf Oil and Kuwait Petroleum have all denied an interest in the company.

Save confirms there has been an unsolicited approach and the company's board is in 'preliminary discussions' to decide on a response. Shell, Esso and BP all have exploration operations and it is believed they may now wish to buy extra retail capacity to sell all their oil.

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment

Comments

No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee