Royal Dutch Shell Plc  .com Rotating Header Image

The Independent: Market Report: Regal rises on talk of return by Shell with full bid

By Nick Clark
Published: 04 December 2007

After last month’s extraordinary “deal then no deal” between Royal Dutch Shell and Regal Petroleum, the gossips were talking up the possibility of the oil major making a full bid for Regal.

Two weeks ago, Shell agreed to buy into Regal’s Ukrainian gas fields, but pulled out after the smaller company replaced its chief executive and chairman the next day. One trader said: “There is talk that Shell is back, but this time wants all of Regal. Its shares have risen and will rise further.” Shell closed down 30p at 1922p, while Regal was up 14.75p to 163p.

For the full Market Report go to…

http://news.independent.co.uk/business/analysis_and_features/article3221047.ece

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.

One Comment

  1. Michael says:

    It’s hapened in the past and it will happen again!

    Hold On…

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Comment Rules

  • Please show respect to the opinions of others no matter how seemingly far-fetched.
  • Abusive, foul language, and/or divisive comments may be deleted without notice.
  • Each blog member is allowed limited comments, as displayed above the comment box.
  • Comments must be limited to the number of words displayed above the comment box.
  • Please limit one comment after any comment posted per post.