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South African businessman set to join Abu Dhabi’s $1 billion takeover of Shell’s 580 petrol stations

Published on: Friday 21 August 2026

South African businessman set to join Abu Dhabi’s $1 billion takeover of Shell’s 580 petrol stations Simphiwe Mehlomakulu’s Reatile Group will take a minority stake in Shell’s South African fuel network after ADNOC completes its proposed $1 billion acquisition. | Business Insider Africa


News source: https://africa.businessinsider.com/local/markets/south-african-businessman-set-to-join-abu-dhabis-dollar1-billion-takeover-of-shells/5ykgymg

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