Acquisition · South Africa · Oil gas
Shell
ADNOC acquired Shell for $1bn.
Amount
$1bn
Round or stake
n/a
First reported
2026-07-06
Verification
Corroborated
5 independent reports
Parties
- ADNOC acquirer
Sources (7)
- UAE’s Adnoc Agrees to Buy Shell’s South Africa Fuel Stations · Bloomberg.com · 2026-07-06
- ADNOC buys Shell's South Africa business for $1bn · CNBC Africa · 2026-07-07
- Adnoc Distribution to acquire Shell Downstream South Africa in $1bn deal · Engineering News · 2026-07-07
- ADNOC Distribution enters into Definitive Agreement to Acquire Shell Downstream South Africa · Yahoo Finance · 2026-07-07
- ADNOC Distribution acquires Shell South Africa downstream fuels business for US$1 billion · Green Building Africa · 2026-07-07
- ADNOC Distribution to acquire Shell Downstream South Africa · Africa Business Communities · 2026-07-08
- Adnoc Distribution to acquire Shell South Africa’s downstream business · EnterpriseAM · 2026-07-08
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