Shell completed the purchase of 400 gas stations.
Shell Oil will take possession of the stations owned by Los Angeles-based Atlantic Richfield on Oct. 30 and convert them to Shell stations a month later. Arco sold the stations, located in eight Eastern states and Washington, D.C., because it plans to withdraw from the East as part of a major restructuring of its business. Arco plans to concentrate on its West Coast operations. The sale price wasn’t disclosed.
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
