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Share Name Share Symbol Market Type Share ISIN Share Description
Royal Dutch Shell Plc LSE:RDSB London Ordinary Share GB00B03MM408 'B' ORD EUR0.07
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  31.80 1.93% 1,678.40 1,684.60 1,685.20 1,690.80 1,659.80 1,659.80 7,430,109 16:35:20
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 132,052.6 -19,723.5 -203.3 - 61,391

Shell to Acquire 248 Retail Sites in the US

26/10/2021 6:09pm

Dow Jones News


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By Jaime Llinares Taboada

 

Royal Dutch Shell PLC said Tuesday that it has agreed to acquire 248 fuel and convenience company-owned retail sites in the U.S.

The seller is Landmark Group, whose stores operate in Texas under the Timewise brand. The deal includes supply agreements with a further 117 independent sites.

"Today's announcement increases our presence in a core market and shows our growth strategy in action," Shell's downstream director Huibert Vigeveno said.

The Anglo-Dutch energy company said the transaction falls within its 2021 capital expenditure budget of below $22 billion.

 

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

 

(END) Dow Jones Newswires

October 26, 2021 12:54 ET (16:54 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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