Shell- and Exxon-backed UK chemicals group weighs $8 billion sale, FT reports
Thu 14:49
Shell- and Exxon-backed UK chemicals group weighs $8 billion sale, FT reports Oct 22 (Reuters) - 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)
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