# Shell has agreed a 16.4 billion US dollar (£12.1 billion) deal to buy ARC Resources.

*business · news · 2026-04-27 · LBC*

## Key points

- Shell will acquire ARC Resources for $16.4 billion, including $2.8 billion in assumed debt.
- The acquisition boosts Shell's North American gas land holdings to nearly 2 million net acres in Canada.
- Shell projects its production growth rate will rise from 1% to 4% through 2030 due to the deal.
- ARC shareholders will receive 8.20 Canadian dollars and about 0.4 Shell shares per ARC share.

**Companies:** Shell, ARC Resources
**Countries:** Canada, United Kingdom

[Read the full story on LBC](https://www.lbc.co.uk/article/702c64939d434708a9826c02ecd1b515-5HjdYKq_2/)

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