ADNOC, Aramco considering bids for Shell’s South African assets – report short

ADNOC, Aramco considering bids for Shell’s South African assets – report short

Abu Dhabi National Oil (ADNOC) and Saudi Aramco are among companies weighing bids for Shell’s downstream assets in South Africa, Bloomberg News reported on Friday, citing people familiar with the matter.
South Africa’s Sasol is also considering an offer for the business, which could be valued at more than $800m, the Bloomberg report…

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