Shell to Buy Canada’s ARC Resources for $16.4 Billion to Pump Up Output
In a major move to supercharge its long-term production and solidify its position in North America’s premier shale plays, oil giant Shell plc has agreed to acquire Canadian energy company ARC Resources Ltd. for a total enterprise value of approximately $16.4 billion. The all-cash-and-shares deal marks one of the largest energy transactions in Canada this […]
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