Shell adds CSFB and Lazard for €6bn asset sale

Royal Dutch Shell, has added Credit Suisse First Boston and Lazard to Citigroup and Rothschild as part of the the Anglo-Dutch oil giant's re-shaping of its investment portfolio and board structure.

CSFB and Lazard were hired last month to run a dual-track sale or flotation process for Basell, a 50:50 joint venture between Shell and BASF, the German chemical group. The deal could be worth €6bn ($7.2bn).

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