LONDON, Oct 28 (Reuters) - Breaking up oil major Royal Dutch
Shell into separate fossil fuels and renewables
companies might be financially compelling but would not work in
real life, finance chief Jessica Uhl said on Thursday.
Activist hedge fund Third Point, which has built a large
stake in Shell, on Wednesday called for the oil major to split
into multiple companies to increase its performance and market
value.
Shell Chief Executive Ben van Beurden told reporters that
Shell's strategy is coherent and well understood by a majority
of its shareholders.
(Reporting by Shadia Nasralla
Editing by David Goodman
)