Chemicals and energy group Sasol has dismissed reports that it plans to sell its fuel retail business as part of an ongoing asset disposal process, while the State-owned Central Energy Fund (CEF) has described as “malicious” reports that it is in talks to acquire Sasol’s petrol stations. Sasol CFO Paul Victor reiterated that the cash-strapped group was in the process of reviewing opportunities to divest from noncore assets but said in a statement that it remained committed to a strategy of growing its fuel retail presence in South Africa.
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