Acquiring Company
Shell
Acquired Company
ARC Resources
Description
Shell has announced an agreement to acquire ARC Resources Ltd in a deal valued at approximately $16.4 billion. The acquisition will significantly enhance Shell's production capabilities and accelerate its growth strategy in Canada. Under the terms, ARC shareholders will receive cash and shares of Shell. The transaction is expected to close in the second half of 2026, pending necessary approvals.
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Based on deal dataFrequently asked
Who acquired ARC Resources?
ARC Resources was acquired by Shell, based in London. The deal was reported on April 27, 2026. Shell plc is a global group of energy and petrochemical companies. The company explores, produces, and refines oil and gas, and sells petroleum and other chemical products. Shell is publicly traded (SHEL) and operates in Manufacturing.
When did Shell acquire ARC Resources?
Shell's acquisition of ARC Resources was reported on April 27, 2026. Shell has announced an agreement to acquire ARC Resources Ltd in a deal valued at approximately $16.4 billion. The acquisition will significantly enhance Shell's production capabilities and accelerate its growth strategy in Canada. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does ARC Resources do?
ARC Resources is a Canadian oil and gas company involved in the exploration and production of hydrocarbons. The company focuses on developing its significant natural gas and oil reserves primarily in Alberta. It is privately held, operating in Energy, and is based in Calgary.
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