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UAE group snatches up Shell’s SA fuel stations in R16bn deal

Deal reflects company’s confidence in SA’s well-regulated fuel retail sector

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businessday.co.zaStai leggendo1 g fa

UAE group snatches up Shell’s SA fuel stations in R16bn deal

Deal reflects company’s confidence in SA’s well-regulated fuel retail sector

originale

Timeline cronologica

martedì 7 luglio 2026·thenationalnews.com
Adnoc Distribution to acquire Shell Downstream South Africa to boost global portfolio | The National
With enterprise value of $1bn, deal is expected to be closed next year
martedì 7 luglio 2026·gulfnews.com
ADNOC Distribution makes $1 billion move into South Africa fuel market
ADNOC Distribution to buy Shell Downstream South Africa in a $1 billion deal, gaining 580 fuel stations, aviation fuel operations and a major African growth platform.

iol.co.za

1 g fa

ADNOC puts $1bn on the table for Shell Downstream South Africa

Abu Dhabi's ADNOC Distribution is buying Shell's South African fuel retail business in a R16 billion deal covering 580 service stations.

Leggi questa versione → originale

africa.businessinsider.com14 h fa

Abu Dhabi oil giant snaps up Shell’s South African business in $1billion Africa expansion

ADNOC Distribution will acquire Shell’s South African downstream business for $1 billion, giving the Abu Dhabi energy group control of 580 service stations and expanding its African footprint

Leggi questa versione → originale

energydigital.com1 g fa

Why is Shell Selling Gas Stations to ADNOC in South Africa?

The Abu Dhabi National Oil Company (ADNOC) is paying US$1bn for 580 Shell service stations, marking the firm's fourth overseas expansion since 2018

Leggi questa versione → originale

gulfnews.com1 g fa

ADNOC Distribution makes $1 billion move into South Africa fuel market

ADNOC Distribution to buy Shell Downstream South Africa in a $1 billion deal, gaining 580 fuel stations, aviation fuel operations and a major African growth platform.

Leggi questa versione → originale

thenationalnews.com1 g fa

Adnoc Distribution to acquire Shell Downstream South Africa to boost global portfolio | The National

With enterprise value of $1bn, deal is expected to be closed next year

Leggi questa versione → originale

martedì 7 luglio 2026·

businessday.co.za

Abu Dhabi royal family-backed firm buys Shell’s SA fuel stations in R16bn deal

Deal reflects company’s confidence in SA’s well-regulated fuel retail sector

martedì 7 luglio 2026·

businessday.co.za

UAE group snatches up Shell’s SA fuel stations in R16bn deal

Deal reflects company’s confidence in SA’s well-regulated fuel retail sector

martedì 7 luglio 2026·

iol.co.za

ADNOC puts $1bn on the table for Shell Downstream South Africa

Abu Dhabi's ADNOC Distribution is buying Shell's South African fuel retail business in a R16 billion deal covering 580 service stations.

martedì 7 luglio 2026·

ansa.it

Shell cede la sua filiale in Sudafrica ad Adnoc, operazione da un miliardo - Energia & Energie - Ansa.it

Il colosso petrolifero britannico Shell ha annunciato oggi di aver raggiunto un accordo del valore di circa un miliardo di dollari per la cessione delle sue attività commerciali…

martedì 7 luglio 2026·

energydigital.com

Why is Shell Selling Gas Stations to ADNOC in South Africa?

The Abu Dhabi National Oil Company (ADNOC) is paying US$1bn for 580 Shell service stations, marking the firm's fourth overseas expansion since 2018

mercoledì 8 luglio 2026·

businessday.co.za

UAE’s Adnoc sees $1bn Shell SA deal as ‘cash accretive from day one’

CEO Bader Saeed Al Lamki says South Africa presents a powerful investment destination

mercoledì 8 luglio 2026·

africa.businessinsider.com

Abu Dhabi oil giant snaps up Shell’s South African business in $1billion Africa expansion

ADNOC Distribution will acquire Shell’s South African downstream business for $1 billion, giving the Abu Dhabi energy group control of 580 service stations and expanding its…

mercoledì 8 luglio 2026·

businessday.co.za

WATCH | Abu Dhabi’s Adnoc outlines its plans for Shell’s SA retail fuel business

Business Day TV gets more details from Adnoc Distribution CFO Ali Siddiqi