Shell Completes C$22 Billion Acquisition of ARC Resources
MT newswire2026/09/02 21:23Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
05:23 PM EDT, 09/02/2026 (MT Newswires) -- ARC Resources (ARX.TO) after trade Wednesday said Shell (SHEL) completed its acquisition of the Western Canadian natural-gas producer in a cash-and-share deal valued at about C$22 billion, including assumed debt. The transaction was carried out via an indirect, wholly-owned subsidiary of Shell, according to the statement. Per the agreement, ARC shareholders receive 0.40247 Shell shares plus C$8.20 in cash for each ARC share, the company said. Following the closing, ARC shares are expected to be delisted from the Toronto Stock Exchange two trading days after the transaction closes, the company added. "ARC shareholders are advised that the Shell shares are listed and traded on the London Stock Exchange. The Shell shares are not, and will not, be listed on the TSX," the company said.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Shareholder Value Beteiligungen NAV per Aug. 31 rises 10.5% m/m to EUR 119.76/share
Reuters•2026/09/06 13:25
Dogecoin Golden Cross Meets 35 Billion DOGE Support: Potential Scenarios
UToday•2026/09/06 13:24

Buterin Teases Major Advances in Ethereum Transaction Formats
UToday•2026/09/06 13:21
Solana Dominates RWA Flows, Pulling In $348 Million in Net Flows
UToday•2026/09/06 13:21
Crypto prices
MoreBitcoin
BTC
$79,566.47
-0.21%
Ethereum
ETH
$2,479
+0.93%
Tether USDt
USDT
$0.9999
-0.01%
BNB
BNB
$743.94
-3.12%
XRP
XRP
$1.41
-0.53%
USDC
USDC
$0.9999
-0.00%
Solana
SOL
$106.12
+3.22%
TRON
TRX
$0.3351
+0.64%
Hyperliquid
HYPE
$88.84
+4.29%
Zcash
ZEC
$1,158.44
+14.24%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now