Shell to Divest Upstream Interests in Ireland for About $1.23b
Royal Dutch Shell plc (Shell), through its affiliate Shell Overseas Holdings Limited, has reached an agreement with CPP Investment Board Europe S.A.R.L. a wholly owned subsidiary of Canada Pension Plan Investment Board (“CPPIB”), to sell its shares in Shell E&P Ireland Limited, that holds 45% interest in the Corrib gas venture for up to $1.23
