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Shell to Acquire Canadian Shale Producer ARC Resources for Billions

Energy giant Shell has agreed to acquire Canadian shale producer ARC Resources in a deal valued between $13.6 billion and $22 billion, marking one of its largest acquisitions in a decade. The acquisition aims to expand Shell's presence in the Montney Basin.

27 Apr, 09:00 — 28 Apr, 08:55
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Sources

Showing 12 of 12 sources
NYTMostly Factual1d ago

Canada Is a World Leader on Clean Gold, if You Don’t Look Too Closely

The Royal Canadian Mint says its gold is North American and impeccably sourced. So why is some of it from a Colombian drug cartel?

By Justin Scheck

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wsjHigh1d ago

Shell to Buy Canada’s Arc Resources for $13.6 Billion - WSJ

Shell to Buy Canada’s Arc Resources for $13.6 Billion  WSJ

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FTVery High1d ago

Shell buys Canadian shale producer ARC for $16bn

Deal will boost oil major’s production at a time when investors have queried the company’s growth

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The GuardianMostly Factual1d ago

Shell to buy Canadian shale producer ARC Resources for $16.4bn

Deal comes five years after Shell sold its North American shale business and is its biggest acquisition for a decade Shell has agreed to buy Canadian shale producer ARC Resources for $16.4bn, five years after Europe’s biggest gas and oil producer sold its North American shale business. The deal, which includes $13.6bn in cash and shares and taking on ARC’s $2.8bn debt, would be Shell’s biggest acquisition since it bought BG Group a decade ago. Continue reading...

By Mark Sweney

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cbcHigh1d ago

Shell to buy ARC Resources in deal valued at $22B including debt

Oil giant Shell is acquiring Canadian energy company ARC Resources in a stock-and-cash deal valued at $22 billion, including assumed debt.

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cnbcMostly Factual1d ago

Oil giant Shell agrees to buy Canada’s ARC Resources for $16.4 billion

British oil major Shell on Monday said it agreed a deal to buy Canadian energy company ARC Resources in a deal valued at $16.4 billion.

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marketwatchMostly Factual1d ago

Shell to buy Canadian shale company for $14 billion, in what would be oil giant’s biggest acquisition in 10 years

The transaction would boost Shell’s oil and gas production capabilities

By Nora Redmond

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forbes1d ago

Shell Bets Big On Montney Basin In $16.4 Billion ARC Acquisition - Forbes

Shell Bets Big On Montney Basin In $16.4 Billion ARC Acquisition  Forbes

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The IndependentMostly Factual1d ago

Shell strikes £12.1 billion deal to buy Canadian energy firm

The British energy giant said the acquisition will strengthen its resource base ‘for decades to come’.

By Anna Wise

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YahooMostly Factual9h ago

Shell to acquire Montney producer ARC Resources in $16.4bn deal

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seeking-alphaMixed1d ago

Shell to buy Canada's ARC Resources in $16.4B cash and stock deal

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Daily SabahMixed1d ago

Energy giant Shell to purchase Canadian ARC in over $16B deal

British energy giant Shell announced on Monday it would acquire Canadian firm ARC Resources in a $16.4 billion deal, which would see it boost its access to shale gas and liquids pr...

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