Royal Dutch sweetens Shell Canada bidCompany adds another C$1 billion to offer for minority shares; Jan. 23 C$45 per share offer replaces earlier offer of C$40 per share Gary Park For Petroleum News
Three months after putting C$7.7 billion on the table, Royal Dutch Shell caved in to mounting pressure by adding another C$1 billion to its bid for the minority shares of Shell Canada, a 12.5 percent increase that falls short of 15 to 20 percent being demanded by some minority shareholders.
The dea....
[additional news subjects in this story]
Company hasn’t satisfied minority investors Compelling reason for gaining ownership
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $69 per year.
Subscribers log in here to read the entire newspaper (1998 to 06/24/2013)
Print this story | Email it to an associate.
Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583 [email protected] --- http://www.petroleumnews.com --- S U B S C R I B E
Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.
|