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Shell- and Exxon-backed UK chemicals group weighs $8 billion sale, FT reports

Shell- and Exxon-backed UK chemicals group weighs $8 billion sale, FT reports

- UK-based chemicals group Infineum is exploring an $8 billion sale, the Financial Times reported on Thursday, citing people familiar with the matter.

Infineum is owned by Shell and ExxonMobil as a 50:50 joint venture.

Reuters could not immediately verify the report.


(Reporting by Yamini Kalia in Bengaluru; Editing by Maju Samuel)

((Yamini.Kalia@thomsonreuters.com))

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