Shell receives FTC approval for acquisition of Pennzoil-Quaker State
Petroleum News Alaska Staff
Shell Oil Co. received U.S. Federal Trade Commission clearance for its proposed acquisition of Pennzoil-Quaker State Co. Sept. 27.
Shell said Sept. 30 that it and Pennzoil-Quaker State entered into a consent order with the FTC to resolve the agency’s concerns about the U.S. group II base oil market....
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