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Shell (SHEL.US) to Acquire Canada's ARC Resources for USD16.4 Billion
Shell (SHEL.US) announced on Monday that it will acquire Canadian energy company ARC Resources for USD16.4 billion, a deal that will add approximately 370,000 barrels of oil equiva...
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Shell (SHEL.US) to Acquire Canada's ARC Resources for USD16.4 Billion
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Shell (SHEL.US)      announced on Monday that it will acquire Canadian energy company ARC Resources for USD16.4 billion, a deal that will add approximately 370,000 barrels of oil equivalent per day to the companys production.

Information shows that ARC Resources focuses on the Montney shale basin in British Columbia and Alberta, Canada. Under the agreement, Shell will pay ARC Resources shareholders CAD8.2 (USD6.03) in cash per share and 0.40247 ordinary shares for each share held. (sw/m)(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

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