Suitors Shrink for Shell’s Australian Energy Assets

Posted on 01/23/2014


Available suitors for Shell’s Australian oil assets are shrinking in a deal that could be worth US$ 3 billion. TPG Capital, Ontario Teachers’ Pension Plan (OTPP) and the Kuwait Investment Authority exited from the bid. This leaves Macquarie Group and Glencore Xstrata as one group and a consortium composing of Rotterdam-based Vitol SA and the […]

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