4 May 2024
Shell sells stake in Brazil’s largest gas distributor to progress divestment drive
Publication date: 11 October 2017
Gas Strategies Group
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Shell has disposed of its stake in Brazil’s largest gas distribution company to Brazilian conglomerate Cosan, with the deal progressing the major’s divestment programme.
Shell has sold its 16.8% interest in Comgas in a USD 380 million deal, with Cosan to transfer shares equal to 5% of its own capital to Shell plus...