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ADNOC Distribution enters into definitive agreement to acquire Shell Downstream South Africa

2h agoen

Source

ZawyaADNOC Distribution enters into definitive agreement to acquire Shell Downstream South Africazawya.com
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The agreement covers the acquisition of 100% of the share capital of Shell Downstream South Africa (SDSA) with an implied enterprise value of $1 billion prior to adjustment for net debt and working capital, including its 580 company and dealer-owned fuel stations, as well as its wholesale fuel, aviation and lubricants operations

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