The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

BRIEF-Shell Explores Potential Joint Acquisition Of Eneco With PGGM

Mon, 14th Jan 2019 14:34

Jan 14 (Reuters) - Royal Dutch Shell PLC:

* SHELL- PGGM AND SHELL EXPLORE POTENTIAL JOINT ACQUISITIONOFENECO

* SHELL - ANY POTENTIAL INVESTMENT SHOULD FIT WITHIN CO'SSTRATEGYAND FINANCIAL FRAMEWORK, STATED CAPITAL INVESTMENT GUIDANCERANGE OF $25-30 BILLION/ANNUM

* SHELL - PGGM AND SHELL DETERMINED FURTHER INVEST INRENEWABLEENERGY, SPECIFICALLY IN NORTH WEST EUROPE

* SHELL - CONSORTIUM PARTNERS UNDERSTAND THAT ENECO WILL BEBROUGHT TO THE MARKET VIA A CONTROLLED AUCTION, SUBJECT TOSHAREHOLDER APPROVAL

* SHELL SAYS WILLING TO MAKE A LONG-TERM COMMITMENT TO ENECOSource text: https://go.shell.com/2SQiaV6Further company coverage:

Related Shares

More News
27 Oct 2022 07:30

Shell announces $4bn share buyback as Q3 profits beat expectations

(Sharecast News) - Oil giant Shell announced a $4bn share buyback on Thursday as it posted better-than-expected third-quarter profits.

21 Apr 2022 11:53

Shell turning to China to offload Russian business - report

(Sharecast News) - Shell is reportedly looking to China as it looks to offload its Russian business.

15 Feb 2022 15:54

Shell preparing to sell North Sea gas fields - report

(Sharecast News) - Shell is reportedly preparing to launch the sale of its stakes in two clusters of gas fields in the southern British North Sea, par...

7 Feb 2022 10:52

Berenberg nudges up target price on Shell

(Sharecast News) - Analysts at Berenberg slightly raised their target price on oil and gas giant Shell from 2,350.0p to 2,375.0p on Monday, stating th...

31 Jan 2022 10:53

TOP NEWS SUMMARY: Shell and BHP share unifications go into effect

TOP NEWS SUMMARY: Shell and BHP share unifications go into effect

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.