ARC Resources said shareholders voted in favor of its acquisition by Shell, clearing another key step in one of the year’s largest energy sector deals. While specific financial terms and deal economics weren’t provided, the shareholder approval is a meaningful progress milestone that should reduce deal execution risk.
ARC Resources said shareholders voted in favor of its acquisition by Shell, clearing another key step in one of the year’s largest energy sector deals. While specific financial terms and deal economics weren’t provided, the shareholder approval is a meaningful progress milestone that should reduce deal execution risk.
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