Sandra Leggero has a background in financial markets, having spent more than 9 years in commodities trading for several European and Asian companies. She holds a degree in Economics from the University of Pavia and specializes in emerging markets.
, | Updated:
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
Buyer
Target
Transaction Value
Includes Debt
Shell
ARC Resources
$16.4 billion
Yes
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 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 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 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 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 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 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 […]