April 27 (Reuters) - Shell PLC SHEL.L:
SHELL ANNOUNCES AGREEMENT TO ACQUIRE CANADIAN ENERGY COMPANY, ARC RESOURCES LTD (“ARC”).
SHELL PLC - ARC SHAREHOLDERS TO RECEIVE CAD 8.20 CASH AND 0.40247 SHELL SHARES PER ARC SHARE
REG-SHELL ANNOUNCES AGREEMENT TO ACQUIRE CANADIAN ENERGY COMPANY, ARC RESOURCES LTD (“ARC”).
SHELL PLC - DEAL VALUED AT CAD 32.80 PER SHARE, 20% PREMIUM TO ARC 30-DAY VWAP
SHELL PLC - DEAL EQUITY VALUE ABOUT $13.6 BILLION, ENTERPRISE VALUE $16.4 BILLION
SHELL PLC - DEAL FUNDED BY $3.4 BILLION CASH AND $10.2 BILLION IN SHELL SHARES
SHELL PLC - DEAL EXPECTED TO BRING $250 MILLION ANNUALISED SYNERGIES WITHIN A YEAR
SHELL: SHAREHOLDER DISTRIBUTION POLICY REMAINS UNCHANGED
SHELL: DEAL TO GENERATE DOUBLE DIGIT RETURNS, BOLSTERING LONG-TERM CASHFLOWS, & ACCRETIVE TO FREE CASH FLOW PER SHARE FROM 2027 ONWARDS
Source text: ID:nGNE5sHDv2
Further company coverage: SHEL.L
((Reuters.Briefs@thomsonreuters.com;))