Shell to Sell Permian Assets to ConocoPhillips for $9.5 Billion - NewsBreak
By Alvarez in Business
Updated 3 years ago
Royal Dutch Shell (RDS.A) - Get Royal Dutch Shell Plc Sponsored ADR Class A Report has signed an agreement to sell its Permian basin assets to ConocoPhillips (COP) - Get ConocoPhillips Report for $9.5 billion cash, the company said in a Monday statement. The transaction will transfer all of subsidiary...