SPCo, WAFI Energy execute SPA for acquisition of Shell Pakistan Limited - Markets
Completion of transaction subject to issuance of public offer by WAFI Energy, receipt of requisite approvals, and satisfaction of other closing formalities
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Completion of transaction subject to issuance of public offer by WAFI Energy, receipt of requisite approvals, and satisfaction of other closing formalities
Sale is part of Shell’s strategy to high-grade its mobility network, reads statement
Shell Pakistan on Wednesday said its parent company's unit, Shell Petroleum Company, has signed a deal with Wafi Energy to sell the domestic operations. ...
Sale is expected to be completed by the fourth quarter of 2024, says Shell
Shell Pakistan to be sold to Wafi Energy due to financial losses and uncertain economic landscape of the country.