Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

Key Moments

  • Shell agreed to acquire Canadian energy company ARC Resources in a transaction valued at $16.4 billion.
  • The deal value of $16.4 billion includes ARC Resources’ debt.
  • Shell disclosed the agreement on Monday, according to an April 27 report.

Transaction Overview

April 27 (Reuters) – Shell announced on Monday that it has reached an agreement to purchase Canadian energy producer ARC Resources in a transaction valued at $16.4 billion, with the figure including assumed debt obligations.

Deal Structure

BuyerTargetTransaction ValueIncludes Debt
ShellARC Resources$16.4 billionYes
TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.

Related News

  • US stocks rose as default on federal debt could be escapedUS stocks rose as default on federal debt could be escaped U.S. stocks advanced, with the Standard & Poor’s 500 Index compensating for weekly decline, as optimism grew that the lawmakers would reach a deal to end the budget impasse and avoid a default on the federal debt.The S&P 500 added […]
  • Forex Market: USD/CAD daily trading outlookForex Market: USD/CAD daily trading outlook Yesterday’s trade saw USD/CAD within the range of 1.3018-1.3135. The pair closed at 1.3075, going up 0.21% on a daily basis. It has been the 55th gain in the past 106 trading days and also a third consecutive one. The daily high has been an […]
  • EUR/USD on fresh four-month highs after German ZEW dataEUR/USD on fresh four-month highs after German ZEW data The euro rose to a new four-month high versus the US dollar on Tuesday after official report said that the ZEW index of economic sentiment in Germany rose more than projected in June.EUR/USD pair hit 1.3399 at 9:26 GMT, currently the […]
  • Repsol acquires ConnectGen for $768 millionRepsol acquires ConnectGen for $768 million Spain’s Repsol said this week it had made an entry into the US onshore wind market with the acquisition of renewable energy developer ConnectGen from Quantum Capital for $768 million.According to Repsol's Chief Executive Officer Josu […]
  • WTI futures hover near 1-month low after API inventories report, demand fearsWTI futures hover near 1-month low after API inventories report, demand fears West Texas Intermediate crude fell for a third day, the longest losing stretch in two months, after a private report showed US crude oil inventories rose more than expected in the seven days through March 7th, while a government report is […]
  • Forex Market: USD/CAD trading outlook for August 26th 2016Forex Market: USD/CAD trading outlook for August 26th 2016 Yesterday’s trade (in GMT terms) saw USD/CAD within the range of 1.2899-1.2941. The pair closed at 1.2922, inching down 0.04% compared to Wednesdays close. It has been the 154th drop in the past 324 trading days. The major pair has increased […]