The Sunday Times: Business Digest: “FIVE private-equity firms are preparing to bid for Shell’s downstream global LPG business, according to Mergermarket, the mergers and acquisition news service.”(ShellNews.net)

October 03, 2004

FIVE private-equity firms are preparing to bid for Shell’s downstream global LPG business, according to Mergermarket, the mergers and acquisition news service. America’s Blackstone and Carlyle, France’s PAI, Britain’s Candover and one other firm are reported to be interested. Shell is reviewing the future of the LPG business, which is expected to be put up for sale early next year.