Shell's Upstream Boss Acquires Shares Following ARC Resources Deal Boosting Cash Flow
Deals·1 article across 1 outlet
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Shell's acquisition of ARC Resources is anticipated to enhance its free cash flow starting next year.
The move reflects confidence in the company's valuation uplift following the deal.
ShellARC Resources
Sources
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“The oil major’s acquisition of ARC Resources is expected to improve free cash flow from next year”
FT — Directors’ Deals: Shell’s upstream boss takes advantage of valuation uplift