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Provider: Reuters Investment Profile

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Rubis SCA Announces Advanced Negotiations with Blue Equity, LLC for the Acquisition of Fuel Distribution Business in Jamaica

Monday, 10 Dec 2012 11:41am EST 

Rubis SCA announced that it is in an advanced stage negotiation with Blue Equity, LLC for the purchase of its fuels distribution business in Jamaica. Blue Equity's portfolio company, The Antilles Group Limited (TAG), supplies a network of 53 service stations currently operating under the Shell brand (the original shareholder). Financial terms were not disclosed. 

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