Chevron SA assets sold for $973m.

Position::Business Intelligence: Deals
 
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The joint venture between Swiss-headquartered Glencore and South African investment firm Off The Shelf Investments (OTS) has completed the $973m purchase of Chevron South Africa (CSA). OTS had a 25% stake in CSA; now the joint venture owns 98% of the company. It also has full ownership of the firm's entire downstream business in neighbouring...

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