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Sale of Shell El Salvador To Become a Reality

The purchase of Shell's Salvadoran operations by Honduras' Grupo Terra could become official in March.

Tuesday, February 9, 2010

Representatives from the Salvadoran fuel distribution industry explained that the only step remaining is the approval of the Competence Superintendence (SC). This entity has until March 9 to comply.

"Since December 2009, the SC has been reviewing documentation provided by Shell and Grupo Terra. Even though it has until March 9 to decide, the entity is commited to finish before", reported Laprensagrafica.com.

Source: laprensagrafica.com