The company's share should be put up for sale by Shell

The Shell, multinational company, put up for sale your minority of Comgás. The 17.12% owned by the company are estimated in the amount of 1 billion reais. Sources said the percentage was offered to the investment fund Temasek, the Singapore Government, to no avail.

In addition to Shell, Comgás has the participation of Cosan, which is the company's controller, with 62.66% stake. Have the rest of the stock is traded on the market "free float". Shell had the last two option years to exercise the sale of this participation, but decided not to dispose of the business. For being a majority, Cosan can have preference in buying, but there's still no decision on the issue.

Be sure to follow the Panorama Offshote and stay informed about everything what happens in the market of oil, gas, energy, gasoline, fuels, Petrobras, onshore and offshore. Remember: your business. Check out:


11 thoughts on “The company's share should be put up for sale by Shell

Leave a Reply