Deal between Viva Energy and Peregrine's OTR: What does it mean for the future of servos?

A proposed billion-dollar acquisition of a South Australian owned petrol and convenience store chain was announced yesterday, in what has been described as one of the "biggest moves" the industry has seen in recent times.

So what is the deal, and what does it mean for the future of the stores, staff, and, more broadly, the petrol station industry?

What is the deal?

Petrol and diesel supplier Viva Energy struck a $1.15 billion agreement to buy the OTR Group from Peregrine Corporation.

Read More: https://www.abc.net.au/news/2023-04-07/viva-energy-peregrine-otr-deal-explained/102196950