Shell (SHEL) said Monday it agreed to sell Jiffy ​Lube ​International and its Premium Velocity ⁠Auto subsidiary to ​an affiliate ​of private equity firm Monomoy Capital ​Partners ​for $1.3B, as the ...
March 9 (Reuters) - Shell said on Monday it will sell its Jiffy Lube lubricant shop chain to an affiliate of private equity ...
SHEL sells Jiffy Lube to Monomoy for $1.3 billion, divesting a non-core asset as it sharpens focus on higher-return lubricants and mobility segments.