Itochu Corp. (TSE:8001) and Isla Petroleum and Energy Holdings, LLC agreed to acquire Shell Gas (LPG) Philippines Inc. from Royal Dutch Shell plc (LSE:RDSA) on September 27, 2011. The transaction includes Royal Dutch Shell Plc's entire Philippine LPG business and 10 gas stations and other assets. The transaction is expected to close by December 2012. Itochu Corp. (TSE:8001) and Isla Petroleum and Energy Holdings, LLC completed the acquisition of Shell Gas (LPG) Philippines Inc. from Royal Dutch Shell plc (LSE:RDSA) on January 27, 2012.