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BRIEF-Shell divests its interest in Comgas for headline of $380 mln
October 10, 2017 / 10:46 PM / 2 months ago

BRIEF-Shell divests its interest in Comgas for headline of $380 mln

Oct 10 (Reuters) - Shell -

* Shell divests its interest in Comgas for a headline of $380 million‍​

* Shell Gas Bv, Shell Brazil Holding Bv and Integral Investments Bv signed an agreement with Cosan Ltd

* Agreement with Cosan to execute put option agreement which allows Shell to sell all of its 16.8% interest in Comgas to Cosan

* Shell will exchange its 21.8 million common shares in Comgas for Cosan S.A. shares plus cash

* Headline for the transaction with Cosan is approximately US$380 million Source text for Eikon: Further company coverage:

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