http://new.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2026, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Tue, 07 Jul 2026 08:15:25 -0400 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://new.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Mergers+and+Acquisitions/ADNOC+Distribution+agrees+to+buy+Shell%27s+South+Africa+unit+for+%241B/26739027.html <p>ADNOC Distribution (ADNOCDIST) has signed a definitive agreement to acquire 100% of the share capital of Shell Downstream South Africa (SDSA) from Shell South Africa Holdings, according to a press release. The implied enterprise value is approximately $1 billion, prior to adjustment for net debt and working capital.</p> <p>SDSA operates a network of 580 company- and dealer-owned fuel stations across South Africa, along with lubricants, commercial fuels, aviation, and marine businesses. The business recorded fuel volumes of approximately 3.5 billion liters and operated 360 convenience stores as of 2025.</p> <p>The deal is expected to close in 2027, subject to regulatory approvals and http://www.streetinsider.com/Mergers+and+Acquisitions/ADNOC+Distribution+agrees+to+buy+Shell%27s+South+Africa+unit+for+%241B/26739027.html Tue, 07 Jul 2026 08:15:25 -0400 A.50202048 ADNOCDIST O.32241120 http://www.streetinsider.com/Mergers+and+Acquisitions/ADNOC+Distribution+agrees+to+buy+Shell%27s+South+Africa+unit+for+%241B/26739027.html <p>ADNOC Distribution (ADNOCDIST) has signed a definitive agreement to acquire 100% of the share capital of Shell Downstream South Africa (SDSA) from Shell South Africa Holdings, according to a press release. The implied enterprise value is approximately $1 billion, prior to adjustment for net debt and working capital.</p> <p>SDSA operates a network of 580 company- and dealer-owned fuel stations across South Africa, along with lubricants, commercial fuels, aviation, and marine businesses. The business recorded fuel volumes of approximately 3.5 billion liters and operated 360 convenience stores as of 2025.</p> <p>The deal is expected to close in 2027, subject to regulatory approvals and http://www.streetinsider.com/Mergers+and+Acquisitions/ADNOC+Distribution+agrees+to+buy+Shell%27s+South+Africa+unit+for+%241B/26739027.html Tue, 07 Jul 2026 08:15:25 -0400 A.50202048 ADNOCDIST O.32241120 http://www.streetinsider.com/Mergers+and+Acquisitions/ADNOC+Distribution+agrees+to+buy+Shell%27s+South+Africa+unit+for+%241B/26739027.html <p>ADNOC Distribution (ADNOCDIST) has signed a definitive agreement to acquire 100% of the share capital of Shell Downstream South Africa (SDSA) from Shell South Africa Holdings, according to a press release. The implied enterprise value is approximately $1 billion, prior to adjustment for net debt and working capital.</p> <p>SDSA operates a network of 580 company- and dealer-owned fuel stations across South Africa, along with lubricants, commercial fuels, aviation, and marine businesses. The business recorded fuel volumes of approximately 3.5 billion liters and operated 360 convenience stores as of 2025.</p> <p>The deal is expected to close in 2027, subject to regulatory approvals and http://www.streetinsider.com/Mergers+and+Acquisitions/ADNOC+Distribution+agrees+to+buy+Shell%27s+South+Africa+unit+for+%241B/26739027.html Tue, 07 Jul 2026 08:15:25 -0400 A.50202048 ADNOCDIST O.32241120 http://www.streetinsider.com/Press+Releases/ADNOC+Distribution+enters+into+Definitive+Agreement+to+Acquire+Shell+Downstream+South+Africa/26739025.html <div class="xn-content"> <ul type="disc"><li>The agreement covers the acquisition of 100% of the share capital of Shell Downstream South Africa (SDSA) with an implied enterprise value of $1 billion prior to adjustment for net debt and working capital, including its 580 company and dealer-owned fuel stations, as well as its wholesale fuel, aviation and lubricants operations.</li><li>The Proposed Acquisition marks a major step towards ADNOC Distribution's ambition to become a global mobility and convenience retailer, while advancing its fuel retail footprint in <location value="LR/afr" idsrc="xmltag.org" >Africa</location>.</li><li>The Proposed Acquisition is projected to boost ADNOC Distribution's earnings per share by 6% in the first full year after completion http://www.streetinsider.com/Press+Releases/ADNOC+Distribution+enters+into+Definitive+Agreement+to+Acquire+Shell+Downstream+South+Africa/26739025.html Tue, 07 Jul 2026 08:15:00 -0400 A.50202048 ADNOCDIST O.32241120 http://www.streetinsider.com/Press+Releases/ADNOC+Distribution+enters+into+Definitive+Agreement+to+Acquire+Shell+Downstream+South+Africa/26739025.html <div class="xn-content"> <ul type="disc"><li>The agreement covers the acquisition of 100% of the share capital of Shell Downstream South Africa (SDSA) with an implied enterprise value of $1 billion prior to adjustment for net debt and working capital, including its 580 company and dealer-owned fuel stations, as well as its wholesale fuel, aviation and lubricants operations.</li><li>The Proposed Acquisition marks a major step towards ADNOC Distribution's ambition to become a global mobility and convenience retailer, while advancing its fuel retail footprint in <location value="LR/afr" idsrc="xmltag.org" >Africa</location>.</li><li>The Proposed Acquisition is projected to boost ADNOC Distribution's earnings per share by 6% in the first full year after completion http://www.streetinsider.com/Press+Releases/ADNOC+Distribution+enters+into+Definitive+Agreement+to+Acquire+Shell+Downstream+South+Africa/26739025.html Tue, 07 Jul 2026 08:15:00 -0400 A.50202048 ADNOCDIST O.32241120 http://www.streetinsider.com/Press+Releases/ADNOC+Distribution+enters+into+Definitive+Agreement+to+Acquire+Shell+Downstream+South+Africa/26739025.html <div class="xn-content"> <ul type="disc"><li>The agreement covers the acquisition of 100% of the share capital of Shell Downstream South Africa (SDSA) with an implied enterprise value of $1 billion prior to adjustment for net debt and working capital, including its 580 company and dealer-owned fuel stations, as well as its wholesale fuel, aviation and lubricants operations.</li><li>The Proposed Acquisition marks a major step towards ADNOC Distribution's ambition to become a global mobility and convenience retailer, while advancing its fuel retail footprint in <location value="LR/afr" idsrc="xmltag.org" >Africa</location>.</li><li>The Proposed Acquisition is projected to boost ADNOC Distribution's earnings per share by 6% in the first full year after completion http://www.streetinsider.com/Press+Releases/ADNOC+Distribution+enters+into+Definitive+Agreement+to+Acquire+Shell+Downstream+South+Africa/26739025.html Tue, 07 Jul 2026 08:15:00 -0400 A.50202048 ADNOCDIST O.32241120 http://www.streetinsider.com/PRNewswire/ADNOC+Distribution+enters+into+Definitive+Agreement+to+Acquire+Shell+Downstream+South+Africa/26739025.html <div class="xn-content"> <ul type="disc"><li>The agreement covers the acquisition of 100% of the share capital of Shell Downstream South Africa (SDSA) with an implied enterprise value of $1 billion prior to adjustment for net debt and working capital, including its 580 company and dealer-owned fuel stations, as well as its wholesale fuel, aviation and lubricants operations.</li><li>The Proposed Acquisition marks a major step towards ADNOC Distribution's ambition to become a global mobility and convenience retailer, while advancing its fuel retail footprint in <location value="LR/afr" idsrc="xmltag.org" >Africa</location>.</li><li>The Proposed Acquisition is projected to boost ADNOC Distribution's earnings per share by 6% in the first full year after completion http://www.streetinsider.com/PRNewswire/ADNOC+Distribution+enters+into+Definitive+Agreement+to+Acquire+Shell+Downstream+South+Africa/26739025.html Tue, 07 Jul 2026 08:15:00 -0400 A.50202048 ADNOCDIST O.32241120 http://www.streetinsider.com/PRNewswire/ADNOC+Distribution+enters+into+Definitive+Agreement+to+Acquire+Shell+Downstream+South+Africa/26739025.html <div class="xn-content"> <ul type="disc"><li>The agreement covers the acquisition of 100% of the share capital of Shell Downstream South Africa (SDSA) with an implied enterprise value of $1 billion prior to adjustment for net debt and working capital, including its 580 company and dealer-owned fuel stations, as well as its wholesale fuel, aviation and lubricants operations.</li><li>The Proposed Acquisition marks a major step towards ADNOC Distribution's ambition to become a global mobility and convenience retailer, while advancing its fuel retail footprint in <location value="LR/afr" idsrc="xmltag.org" >Africa</location>.</li><li>The Proposed Acquisition is projected to boost ADNOC Distribution's earnings per share by 6% in the first full year after completion http://www.streetinsider.com/PRNewswire/ADNOC+Distribution+enters+into+Definitive+Agreement+to+Acquire+Shell+Downstream+South+Africa/26739025.html Tue, 07 Jul 2026 08:15:00 -0400 A.50202048 ADNOCDIST O.32241120 http://www.streetinsider.com/PRNewswire/ADNOC+Distribution+enters+into+Definitive+Agreement+to+Acquire+Shell+Downstream+South+Africa/26739025.html <div class="xn-content"> <ul type="disc"><li>The agreement covers the acquisition of 100% of the share capital of Shell Downstream South Africa (SDSA) with an implied enterprise value of $1 billion prior to adjustment for net debt and working capital, including its 580 company and dealer-owned fuel stations, as well as its wholesale fuel, aviation and lubricants operations.</li><li>The Proposed Acquisition marks a major step towards ADNOC Distribution's ambition to become a global mobility and convenience retailer, while advancing its fuel retail footprint in <location value="LR/afr" idsrc="xmltag.org" >Africa</location>.</li><li>The Proposed Acquisition is projected to boost ADNOC Distribution's earnings per share by 6% in the first full year after completion http://www.streetinsider.com/PRNewswire/ADNOC+Distribution+enters+into+Definitive+Agreement+to+Acquire+Shell+Downstream+South+Africa/26739025.html Tue, 07 Jul 2026 08:15:00 -0400 A.50202048 ADNOCDIST O.32241120