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Shell to buy Canada’s ARC Resources in $16.4 billion deal

By LNG Prime Staff
Shell to buy Canada's ARC Resources in $16.4 billion deal

UK-based LNG giant Shell has agreed to acquire Canadian gas producer ARC Resources in a deal valued at approximately $16.4 bilion, including debt. Shell said ARC’s proved plus probable gas reserves have the potential to support its LNG growth in Canada.

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