Daily Telegraph: Shell tries ‘getting to know you’ ploy to woo rebels
“The news comes after a number of high-profile City names emerged last week to vent their anger about the shake-up, which will leave them with a multi-million pound tax bill.”
Wednesday 17 August 2005
By Christopher Hope (Filed: 17/08/2005)
Shell has asked for rebel investors in Royal Dutch Petroleum to provide details of their “characteristics” as the oil and gas giant seeks to tidy up its multi-billion pound restructuring.
The news comes after a number of high-profile City names emerged last week to vent their anger about the shake-up, which will leave them with a multi-million pound tax bill.
The Anglo-Dutch company is seeking ways to persuade a stubborn rump controlling 1.3pc of the shares to accept the terms of the merger with Shell Transport and Trading to create Royal Dutch Shell.