TORONTO, Aug. 27, 2026 /CNW/ — Shell PLC (LON: SHEL) and ARC Resources Ltd. (TSX: ARX) have agreed to merge in a cash and stock combination. Each share of ARC Resources will be exchanged for 0.40247 new Shell PLC shares and $8.20 CAD cash. The transaction has received shareholder and regulatory approvals and is expected to close on September 2, 2026, subject to customary closing conditions, with ARC Resources expected to delist shortly after closing of the transaction. As a result, ARC Resources shares will be removed from the S&P/TSX Composite Index prior to the open of trading on September 2, 2026.

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Shin John
Shin JohnYtv Market News
Share-market news writer and analyst with deep experience covering equities, commodities, forex, and cryptocurrencies for readers in the USA, UK, Canada, and Australia. Ytv Market News delivers timely market updates, practical trading insights, and clear explanations of macro and company-level catalysts that move prices. Combines on-the-ground financial reporting with technical analysis, using concise charts and actionable ideas to help investors and traders make smarter decisions.