BENGALURU: Royal Dutch Shell Plc said it signed an agreement to sell its 75% stake in Tongyi Lubricants in China to Huo's Group and private-equity firm Carlyle Group LP.
Shell bought the stake in Tongyi from Huo's Group in 2006. (http://bit.ly/1eWSEsb) The company did not disclose financial terms of the deal.- Reuters
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