The Vault · 2026-04-01 18:27:03 · Bloomberg Markets
Accor SA has moved to offload a significant asset, agreeing to sell its stake in Essendi to a consortium led by private equity giant Blackstone Inc. The deal, valued at up to €975 million ($1.1 billion), marks a strategic divestment for the French hospitality group as it reshapes its portfolio. The transaction is struc...
The Vault · 2026-04-14 14:22:20 · Seeking Alpha
Shell is in advanced negotiations to divest its South African fuel station network, a cornerstone of its downstream presence in the country, to the Abu Dhabi National Oil Company (Adnoc) in a deal valued at approximately $1 billion. This potential transaction, reported by Bloomberg, signals a significant strategic shif...
The Vault · 2026-04-14 14:22:38 · Bloomberg Markets
Shell Plc is in advanced negotiations to offload its entire network of retail fuel stations in South Africa to the Abu Dhabi National Oil Co. (Adnoc). This potential divestment signals a significant strategic shift for Shell in the region and marks a major expansion push for the UAE's state energy giant into the Africa...