Financial Times FT.com

Royal Dutch Shell starts trading as single company

By Thomas Catan and Philip Stafford in London

Published: July 19 2005 20:21 | Last updated: July 19 2005 20:21

For the first time in its 98-year history, Royal Dutch Shell will trade on Wednesday as a single, unified company in London after 91 per cent of investors in Royal Dutch agreed to tender their old shares.

The company needed 95 per cent of Dutch shareholders to agree to the offer but it was able to invoke a clause allowing approval at lower levels.

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