Shell to Sell Permian Assets to ConocoPhillips for $9.5 Billion - NewsBreak

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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...

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