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Royal Dutch Shell to sell some of their businesses in Pacific island nations
This is a discussion on Royal Dutch Shell to sell some of their businesses in Pacific island nations within the News and Views from the Business World forums, part of the News and views category; Royal Dutch Shell Plc has announced their decision to sell off some of their businesses in the sales and marketing ...
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17-07-2006, 12:41 AM
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| Gold Member Join Date: Jul 2006 Location: Chandigarh, India
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Rep Power: 3  |  Royal Dutch Shell to sell some of their businesses in Pacific island nations Royal Dutch Shell Plc has announced their decision to sell off some of their businesses in the sales and marketing operations in some Pacific island nations. The aim is to concentrate on their operations on fewer, larger scale businesses. The company is planning to sell its businesses in Fiji and Tonga to Total France SA. In addition, they would also sell off its businesses in New Caledonia, Vanuatu and French Polynesia to joint-venture partner Albert Moux and Partners. Shell added in a statement: “The divestment is consistent with Shell’s strategy of managing its portfolio to deliver maximum value to customers and shareholders.” |
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