United Kingdom/Economy/Shell to acquire Canadian gas producer ARC Resources in $16.4 billion deal

Shell to acquire Canadian gas producer ARC Resources in $16.4 billion deal

Apr 27, 202611 sources

Also covers:Benelux & IrelandCanadaIranUnited States

Summary

Shell has agreed to buy Canada's ARC Resources in a deal valued at $16.4 billion, aimed at boosting its natural gas output. The acquisition positions Shell to increase production and diversify its energy portfolio away from Middle East turmoil.

Source Headlines

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