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Posts on ‘June 21st, 2011’

Shell Boosts UK Retail Presence

LONDON, June 21, 2011 /PRNewswire/ —

Shell U.K. Limited today agreed to acquire 254 petrol retail sites in the UK from Rontec Investments LLP (the Snax 24 Consortium) for a total cash consideration of around $400million (£240million), bringing competitively priced quality fuels to more customers across the UK.

“The deal with the Snax 24 Consortium fits Shell’s global Downstream strategy of pursuing opportunities in selected markets where we see prospects for growth,” said Mark Williams, Downstream Director. read more

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