Mergers & Acquisitions ·
Shell plc completed its acquisition of ARC Resources Ltd on September 2, 2026, following receipt of all required…
RYDAFShell plc
Shell plc completed its acquisition of ARC Resources Ltd on September 2, 2026, following receipt of all required shareholder, court, and regulatory approvals. The transaction adds approximately 370 kboe/d in production across liquids and gas, supporting a target compound annual growth rate of around 4% through 2030. ARC shareholders received CAD $8.20 in cash and 0.40247 Shell ordinary shares for each ARC common share. The deal carries an equity value of approximately US$13.9 billion, funded via US$3.3 billion in cash and US$10.6 billion in new Shell shares, with Shell assuming approximately US$2.5 billion in net debt and leases for a total enterprise value of US$16.5 billion. The acquisition is expected to be accretive to free cash flow share from 2027 onwards. Shell plc operates in the global energy industry, engaged in oil and gas exploration, production, refining, chemicals, and low-carbon solutions.