April 27, 2007
Royal Dutch Shell completes acquisition of Shell Canada
2008 Mitsubishi Lancer Evo. Click image to enlarge
Calgary, Alberta – Shell Canada has announced that Royal Dutch Shell plc (RDS), through its wholly-owned subsidiary Shell Investments Limited, has acquired all of the remaining outstanding common shares of Shell Canada. RDS now beneficially owns 100 per cent of the common shares of Shell Canada.
With the completion of the compulsory acquisition, Shell Canada’s common shares were delisted from the Toronto Stock Exchange on April 25, 2007. Shell Canada has also applied to securities regulators to cease to be a reporting issuer under Canadian securities laws. If granted, Shell will be relieved from its public reporting obligations, effective later this month.