The company is expected to send an information memorandum on the liquefied petroleum gas business to prospective buyers in January.
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Shell To Sell Out its Possessions
Shell is selling units to help finance in capital spending over the next three years
Royal Dutch/Shell Group is going to sell its underperforming and non-core operations of its liquefied petroleum gas business.
Financial company Goldman Sachs Capital Partners teamed up with equity firm Kohlberg Kravis Roberts to bid for Shell?s unit.
Shell is selling underperforming and non-core operations to help finance $45 billion in capital spending over the next three years, the Financial Times reported.
The company is expected to send an information memorandum on the liquefied petroleum gas business to prospective buyers in January.
The company is expected to send an information memorandum on the liquefied petroleum gas business to prospective buyers in January.
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