Published: Tuesday, April 03, 2007
CALGARY – After acquiring nearly 99 per cent of Shell Canada Ltd. shares, Royal Dutch Shell PLC is moving to buy out the rest and take its Canadian subsidiary private.
The Anglo-Dutch energy giant said yesterday it will use compulsory acquisition provisions under Canadian business laws to buy remaining stock for $45 a share.
The $8.7-billion deal, expected to close by the end of June, ends a lengthy bid by Royal Dutch, which first offered $40 a share in October and failed to win over shareholders.
Sweetened to $45 a share in January, the bid was accepted by more than half of the minority, which boosted the parent company’s stake to nearly 90 per cent from the 78 per cent of shares it already owned in Shell Canada.
Calgary-headquartered Shell Canada employs about 4,800 people across the country, but does not expect any major cuts to staffing levels, a spokeswoman said.
© The Ottawa Citizen 2007
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.
