Shell Seen Shedding $1bn-plus of Argentine Assets

Aug 16, 2011

A sale of Shell’s downstream Argentine assets could fetch more than $1bn and would be in line with the company’s regional strategy, market sources say. The Quineco unit of Chile’s Luksic group is rumored to be close to signing...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management