Total SA’s overhaul of its refining, petrochemicals and marketing businesses is not in preparation for a sale, said Chief Executive Officer Christophe de Margerie, as per Bloomberg There is no plannedd IPO or sale,” he said at a briefing to discuss the merger of the refining and petrochemicals divisions and creation of a separate fuel- marketing operation.
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Wednesday, October 12, 2011
Total SA to overhaul refining, petrochem, marketing businesses: No sale on the cards
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