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Aus aviation business sold
An iconic Australian aviation business has been acquired by Viva Energy Australia Pty Ltd.
Emma Musgrave
Firms: Clifford Chance (Royal Dutch Shell); Undisclosed (Viva Energy Pty Ltd)
Value: US$250 million
Area: M&A
Key players: The legal team advising Royal Dutch Shell was led by Clifford Chance partner and co-head of the firm’s oil and gas practice, Tracey Renshaw.
Deal significance: This transaction will see the Shell brand remain visible across the aviation refuelling network through a trademark licensing agreement as part of the sale.
Viva Energy will continue to supply aviation customers with Shell-branded fuel under existing contracts.
The transaction is expected to be completed by mid-2017, subject to regulatory approval. Employees of Shell Aviation Australia will remain employed by the company as it transfers to new ownership.
“We are proud to be able to continue to support Shell on what is a very significant transaction in the Australian market and for the global downstream industry more broadly,” said Clifford Chance partner Tracey Renshaw.
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
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