Monday, April 02, 2007
LONDON — Royal Dutch Shell Plc. has won the right to buy out the remaining minority shareholders in Shell Canada, after securing more than 90% of the outstanding shares in an extended share offer, the oil major said on Monday.
Shell Canada Ltd. shareholders holding 94.5 percent of the shares Shell did not already own tendered their shares at the offer price of C$45 per share by the end of the extended offer period on March 30, Shell said.
The result represents a defeat for those shareholders, including many hedge funds that had hoped Shell would make a higher offer.
In October, Hague-based Shell made a $40 per share offer for the 22% of Shell Canada it did not already own and in January increased this to $45 per share, valuing the minority stake at $8.7-billion.
Just over half the minority shareholders accepted this by the end of the first offer period on March 17, and the offer was extended.
Shell Canada is a leader in oil production from bitumen-soaked sand deposits, a resource Shell is betting on to help it turnaround a disappointing record in recent years at adding new reserves.
© Financial Post 2007
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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.
