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Shell sells Italian retail business to Kuwait Petroleum

Reuters article published LONDON Thu Feb 20, 2014 10:47am GMT

Screen Shot 2013-12-22 at 19.09.52Feb 20 (Reuters) – Anglo-Dutch oil and gas major Shell said on Thursday it has agreed to sell its Italian retail and aviation business to Kuwait Petroleum International.

“The sale is consistent with Shell’s strategy to concentrate Shell’s downstream footprint on a smaller number of assets…

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