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Article: Shell and Texaco have plans to go a forecourting.
- Article from:
- The Birmingham Post (England)
- Article date:
- July 6, 1998
CopyrightCOPYRIGHT 1998 Birmingham Post & Mail Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Petrol pump rivals Shell and Texaco are rumoured to be planning to merge their hundreds of UK garages.
Weekend reports suggest the two oil companies are discussing ways of bringing together their "downstream" interests and petrol station chains across Europe.
Negotiations are thought to have been going on for several months and Shell has hired surveyors to determine a fair value for Texaco's assets, which could be worth up to pounds ...