Shareholders of ARC approve Shell's acquisition of the company
The majority of shareholders of ARC Resources have approved the acquisition of the company by Shell for $16.4 billion, in a move that paves the way for one of the largest energy sector deals of this year. The transaction focuses on Shell expanding its portfolio in the natural gas sector in North America, with completion expected in the second half of 2026. The approval comes after regulatory and judicial approvals, and share buyback programs will resume following the completion of the deal.
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