MELBOURNE Feb 4 Puma Energy has agreed to buy
independent Australian fuel distributor and retailer Ausfuel
from private equity firm Archer Capital, the companies said on
Monday, in a deal media reported could be worth up to A$650
million ($676 million).
In a statement, Puma Energy, which is a subsidiary of Dutch
independent commodity trader Trafigura Beheer B.V.,
said the deal would make it Australia's largest independent fuel
Terms were not disclosed. Morgan Stanley advised Archer, one
of Australia's largest buyout firms.
The Australian Financial Review reported that the deal was
worth between A$625 million and A$650 million.
(Reporting by Victoria Thieberger; Editing by John Mair)