Reported 1 day ago
French fuel distributor Rubis SCA is reportedly considering a sale following a significant drop in its share value over the past six years. The company is in talks with advisers and potential buyers, although it has not made any final decisions. Rubis, which distributes fuel products across Europe, Africa, and the Caribbean, faces pressure from activist investors to change its governance and strategy after experiencing a steep decline in stock prices.
Source: YAHOO