Shell to become one company, scrap dual boards
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Royal Dutch/Shell announced radical plans to merge its separate holding companies in an overhaul of its corporate governance structures after a review triggered by its oil reserves scandal.
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The company has decided to leave the public markets.
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LONDON Royal Dutch/Shell Group confirmed Wednesday a plan to sell as much as $12 billion in assets, spend as much as $45 billion on new projects, and consider making some acquisitions as the company tries to bolster its oil and natural gas production.
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SunGard, which provides software and services to top financial companies, plans to spin off its disaster data recovery business into a separate publicly traded company.
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Royal Dutch/Shell is merging its Dutch and British holding companies as it seeks to address failings that led to a shock downgrade in proven oil reserves.
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The huge corporate reorganization of the Royal Dutch/Shell Group is one of the year&#39;s largest financial transactions. But is it really a merger?
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LONDON, October 28  - Royal Dutch/Shell Group has announced its plans to merge its two holding companies in the Netherlands and the UK, Royal Dutch Petroleum (ROY.
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A community protest in Nigeria's southeastern Abia State has forced the closure of two flowstations and a gas plant, shutting in about 35,000 barrels per day (bpd) of crude, Anglo-Dutch oil giant Shell announced.
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LONDON : Royal Dutch/Shell announced radical plans to merge its separate holding companies in an overhaul of its corporate governance structures after a review triggered by its oil reserves scandal.
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One of the survivors of the early days of Linux has changed its name and folded its software division in favor of doing business entirely on the Web.
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In a move that would finally separate it from the tobacco business, Loews said it planned to divest its interest in Lorillard Tobacco, the maker of Kent, Newport, Maverick and True.
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Shell agreed today to finalized settlements with U.S. and UK regulators over its mis-statement of proven oil reserves.
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The new group, to be called Royal Dutch Shell, will be headquartered in the Netherlands with a single board, chairman and chief executive.
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LONDON/AMSTERDAM  - Oil major Royal Dutch/Shell  Group RD.AS plans to move to a unified corporate  structure, ditching a century-old dual-ownership system blamed  for contributing to a reserves overbooking scandal.
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Oil giant Shell swept aside nearly 100 years of history today when it unveiled plans to merge its UK and Dutch parent companies. Shell said scrapping its twin-board structure
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Unocal Corp. and the Royal Dutch/Shell Group are withdrawing from a natural gas exploration project in the East China Sea, the companies said Wednesday, citing "commercial reasons."
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ANGLO-DUTCH giant Shell stunned the City today by unveiling plans to scrap its century old corporate structure and create &#39;one company, one board and one chief executiveÃ®.