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ADNOC Distribution enters into Definitive Agreement to Acquire Shell Downstream South Africa

Markets PR Newswire By PR Newswire 07 Jul 2026 12:15 1 min read
ADNOC Distribution enters into Definitive Agreement to Acquire Shell Downstream South Africa

The agreement covers the acquisition of 100% of the share capital of Shell Downstream South Africa (SDSA) with an implied enterprise value of $1 billion prior to adjustment for net debt and working capital, including its 580 company and dealer-owned fuel stations, as well as its wholesale...

The agreement covers the acquisition of 100% of the share capital of Shell Downstream South Africa (SDSA) with an implied enterprise value of $1 billion prior to adjustment for net debt and working capital, including its 580 company and dealer-owned fuel stations, as well as its wholesale...

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