LSE:SHELOil and Gas
Shell Refocuses Portfolio With Jiffy Lube Exit And Raízen Push
Shell has agreed to sell Jiffy Lube International and Premium Velocity Auto to Monomoy Capital Partners as part of a portfolio reshuffle.
The company is also increasing its commitment to the Raízen joint venture, including capital support and potential moves toward majority control.
These decisions reflect a refocus on core operations and key markets that Shell sees as central to its long term direction.
For investors tracking LSE:SHEL, these announcements come at a time when the share...