Shell exit fuels bid speculation

Several potential buyers seen as on the starting grid for giant's quick exit

12 May 2024 - 00:04

By Thanduxolo Jika

British oil giant Shell – which is preparing to sell its interests in South Africa and exit the country – intends to have non-binding offers by June and to conclude sales and purchase agreements by December for its 72% stake in Shell Downstream South Africa (SDSA).

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