Z Energy likely still understating merger benefits
Z Energy has a track record of beating its own forecasts.
Z Energy is probably still understating the likely additional synergy benefits from its $785 million purchase of the Chevron/Caltex assets if the company’s track record is any guide.
Yesterday, the company announced it had found another $10-15 million of additional benefits, taking total gains
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Jenny Ruth
Thu, 20 Oct 2016
Thu, 20 Oct 2016
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Z Energy likely still understating merger benefits
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