Finance & Stock Market News

Arrow to give update on Shell offer; shares halted

Thu, 18th Mar 2010 23:28

MELBOURNE, March 19 (Reuters) - Shares of Australia's Arrow Energy Ltd were placed on a trading halt on Friday pending the company's an update on a takeover offer by Royal Dutch Shell and PetroChina, which is worth some A$3.3 billion ($3.05 billion).

(Reporting by Victoria Thieberger; editing by Balazs Koranyi)

((victoria.thieberger@reuters.com; +61 3 9286 1421; Reuters Messaging: victoria.thieberger.reuters.com@reuters.net)) Keywords: ARROWENERGY HALT/

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Related Shares: Royal Dutch Shell (RDSA).

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