The New York Times
Shell Proposes Shift to Britain, Dropping ‘Royal Dutch’ From Name
The restructuring is meant to make the company more appealing to investors and make it easier to sell assets, the oil giant said.
By Stanley Reed: Nov. 15, 2021, 6:02 a.m. ET
Shell, Europe’s largest energy company, said Monday that it was proposing to move its headquarters to Britain from the Netherlands and make major changes in its share ownership and tax status.
The moves are designed to make the company, whose share price has lagged rivals, more appealing to investors, and they come less than a month after an activist investor, Daniel Loeb, suggested changes to the company’s structure. They are likely to be seen as a blow to the Netherlands, where Shell has an enormous presence, and a windfall for the British government as it struggles to demonstrate that Brexit can provide an economic boost. read more
Like this:
Like Loading...
This website and sisters
royaldutchshellgroup.com,
shellnazihistory.com,
royaldutchshell.website,
johndonovan.website, and
shellnews.net,
are owned by
John Donovan. There is also a
Wikipedia segment.