Asyad-backed Wafi Energy to acquire a 77.42% stake in Pakistan business of Shell.

Synopsis

Asyad-backed Wafi Energy, a Saudi company specialized in managing and operating fuel stations, agreed to acquire a 77.42% stake in Pakistan business of Shell, an oil and chemical group. Financial terms were not disclosed.

Principals

target

Royal Dutch Shell (pakistan Business)

bidder

Wafi Energy

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Market Context

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Bidder Team (4)

osama al sayed

Chairman at ASYAD HOLDING GROUP

Manager

bidder

Deals

n/a

Total Value

zain jawed

Manager at BDO

Accountant

bidder

Deal

n/a

Total Value

javaid akhtar

CFO at ASYAD HOLDING GROUP

Manager

bidder

Deal

n/a

Total Value

assad butt

Senior Director at BDO

Accountant

bidder

Deals

n/a

Total Value

Vendor Team (1)

wael sawan

CEO at SHELL PLC

Manager

vendor

Deals

£ 10.98 B

Total Value

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