Shell draws interest from bidders including Exxon for $8 billion US chemical assets, FT reports
Oil major Shell has drawn interest from potential bidders including Exxon and LyondellBasell for its US chemical assets, which could fetch as much as $8 billion, the Financial Times reported on Monday, citing people familiar with the matter. Shell, TotalEnergies exit sparks diverse opinion Exxon, Lyondell, private equity firm Apollo and the chemicals arm of state-owned Kuwait Petroleum…
We haven't written up this one. Business Recorder has the full story — the link below goes straight to it.
