21 July 2010 17:54 [Source: ICIS news]
TORONTO (ICIS news)--Vitol, in partnership with investment firm Helios, is in exclusive talks to acquire Shell’s downstream businesses in 19 African countries, the independent energy trading firm said on Wednesday.
The deal would, if realised, include Shell’s downstream businesses in ?xml:namespace>
The targeted businesses, which employed a staff of 2,500, included 1,300 retail sites and 1.2m cubic metres of terminal storage, it said.
Not included were Shell’s lubricants business in
In related news, Shell said this month it was continuing to look for buyers for refineries in
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