ARC Resources Leads Canadian Energy Peers Higher on Shell Deal
ARC Resources Ltd. shares were on track for their biggest gain since 2020 on Monday, leading peers higher, after Shell Plc agreed to acquire the Canadian energy producer in a...
By Monique Mulima · Bloomberg Markets
ARC Resources Ltd. shares were on track for their biggest gain since 2020 on Monday, leading peers higher, after Shell Plc agreed to acquire the Canadian energy producer in a C$22 billion ($16 billion) deal.