ARC Resources Shareholders Approve Shell's $16.4 Billion Takeover

By EC Assets · Published 15 July 2026

ARC Resources shareholders have approved a $16.4 billion takeover deal by Shell. The vote was held on Tuesday, July 14, 2026. This approval clears a significant hurdle for Shell's acquisition of the Canadian producer. The acquisition proposal received approximately 99.5% shareholder approval. This figure was well above the required 66% threshold. The Canadian Press reported a value of $22 billion for Shell's acquisition proposal. Shell's acquisition of ARC Resources represents its largest deal since its BG Group transaction in 2016. Shell holds a 40% stake in LNG Canada. This facility is the country's first large, scale LNG export facility. This article is intended for informational purposes only. It does not constitute investment advice.