Shell reaps $2.5 billion from sale of minority stake in Queensland Curtis LNG facilities
By Sonali Paul MELBOURNE (Reuters) - Shell (LON:RDSa) said on Monday it has agreed to sell a 26.25% stake in its Queensland Curtis LNG (QCLNG) facilities to Global Infrastructure Partners Australia for $2.5 billion, helping the oil major meet its annual target for divestments. Shell, advised by Rothschild & Co, put a minority stake in the asset up for sale earlier this...
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