Browsing Tag
Groundbirch
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Shell’s $16.4bn ARC Resources (TSX: ARX) acquisition clears shareholder vote
ARC Resources shareholders approved Shell’s $16.4 billion takeover, bringing Montney gas scale closer while testing dilution, integration and LNG returns.
Shell (NYSE: SHEL) to acquire ARC Resources in $16.4bn Montney bet
Shell just abandoned its 1% production growth promise. The Montney is now its growth engine, and 228 million new shares are the price.