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Adnoc Distribution to Buy Shell’s South African Fuel Stations for $1 Billion

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2026-07-07 06:23:36
Adnoc Distribution agreed to buy Shell fuel stations across South Africa in a deal valued at $1 billion, according to Bloomberg.

CEO Bader Saeed Al Lamki discussed the rationale for the acquisition in an interview with Bloomberg’s Abeer Abu Omar on Horizons Middle East and Africa.
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