Shell Kenya will now be known as VIVO energy Kenya following the transfer of assets to the majority shareholders Helios and Vitol Oil. Kenya becomes the 14th country to complete the transition to the VIVO banner following the sale of majority shareholding by the royal dutch shell to the new investors in 2011. Despite the change in ownership, the company will continue retailing petroleum products and gas under the Shell brand, after acquiring its branding license.
No comments:
Post a Comment