Financial Times: Shell to consider acquisitions under $9bn
Wednesday 29 June 2005
By James Boxell and Thomas Catan in London and Ian Bickerton in Scheveningen
Royal Dutch/Shell is understood to be considering acquisitions worth up to $9bn (£4.9bn) in the immediate aftermath of the historic unification of its Dutch and British holding companies.
Shareholders brought an end to nearly 100 years of corporate history on Tuesday when they voted overwhelmingly to merge the two arms of the Anglo-Dutch energy group.
The overhaul was primarily in response to last year’s reserves scandal, which forced the company to cut its proved oil and gas reserves by one-third and led to the removal of its three most senior executives, $150m of fines and several class-action lawsuits.
But senior executives also said on Tuesday that the “momentous” dismantling of the dual-company structure would allow them to take part in oil industry consolidation. The new structure allows Shell to pay for acquisitions by issuing equity, something that had been difficult previously.
The company is believed to be willing to consider acquisitions worth up to $9bn in spite of fears that deals are expensive with crude prices of about $60.
Shares in BG Group, the independent energy group often mentioned as a potential target for Shell, rose 4 per cent on Tuesday, even though it has a market value of $30bn. Shell said it was very unlikely to make larger acquisitions in the short term.
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
