Shell signs agreement with DCC Energy for proposed sale of France mobility business, source says
Shell signs agreement with DCC Energy for proposed sale of France mobility business, source says LONDON, Oct 16 (Reuters) - Shell SHEL.L has signed an agreement with Dublin-based DCC Energy for the proposed sale of the British oil major's mobility business in France, according to a person familiar with discussions and documents seen by Reuters.
The parties have not yet finalised the deal, though completion would be expected in the second quarter of 2027, subject to consultation with employee representatives, the document showed.
“Shell is considering a sale of its retail forecourts business in France," Shell told Reuters, adding that it would not comment on further details at this stage.
(Reporting by Stephanie Kelly and Dimitri Rhodes; Editing by Emelia Sithole-Matarise)
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