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FIRB approves Shell/PetroChina bid for Arrow

SHELL and PetroChina's joint $A3.4 billion bid for Arrow Energy has passed one of its key hurdles...

Marija Stojkovic
FIRB approves Shell/PetroChina bid for Arrow

The approval satisfies one of the conditions of the all-cash $4.70 per share bid, allowing the joint venture to seek regulatory approval from Chinese authorities. "Today's announcement brings us one...

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