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

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

Summary

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.

Description

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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