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ADNOC Distribution to acquire Shell Downstream South Africa in USD 1 billion deal #NewsoftheDay

ADNOC Distribution expects to sell a 28% stake in SDSA to a local empowerment partner and an Employee Stock Option Plan #ADNOCDistribution #ShellSouthAfrica #EnergyDeal #SouthAfricaBusiness #OilAndGas
July 7, 2026 at 5:00 PM
ADNOC Distribution's Shell South Africa Deal Extends Its Africa Fuel-Retail Push ADNOC Distribution agreed to acquire Shell Downstream South Africa...

https://www.narrowit.com/news/adnoc-shell-south-africa-fuel-retail-deal-2026-07-07
#AdnocDistribution #ShellSouthAfrica #FuelRetail #SouthAfrica
ADNOC Distribution to Acquire Shell Downstream South Africa | Narrowit.com
ADNOC Distribution agreed to acquire Shell Downstream South Africa at an implied enterprise value of about $1 billion before adjustments.
www.narrowit.com
July 7, 2026 at 4:17 PM