Three bidders emerge for Shell’s LPG arm
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Add as a favourite source on Google Add DutchNews as a favourite source on GoogleThree bidders have emerged for Shell’s liquid petroleum gas operations, sources told the Financieele Dagblad on Tuesday.
European investment houses CVC and PAI and Bain Capital of the US have all expressed an interest in the unit, which is set to raise some €1bn. Bidding closed on Monday.
The Anglo Dutch energy giant put the unit up for sale earlier this year because it is no longer considered a key activity.
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