
Shell Gives Jiffy Lube the Corporate Oil Change
Shell has decided it’s time for another corporate oil change — this time involving Jiffy Lube, the well-known North American chain of quick-service car maintenance shops.
According to reports including Reuters and other financial outlets, Shell has agreed to sell the Jiffy Lube business to private-equity firm Monomoy Capital Partners in a deal reportedly worth about $1.3 billion. (wsj.com)
The sale includes the Jiffy Lube brand and franchise network, which consists largely of independently operated service centres across the United States and Canada.
Shell was charging the Plaintiffs prices that were over 260% higher than that of other petroleum suppliers for the same exact products with identical specifications…

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