Royal Dutch/Shell?s investors have approved plans to merge its Anglo-Dutch structure and form a united company of $219 billion worth.
For the present, the firm is 60% owned by Royal Dutch Petroleum and 40% owned by Shell Transport & Trading.
The unification will simplify the chain of command after management was blamed for a crisis led to Shell having to slash its oil reserves.
The company is to be named Royal Dutch Shell.
356
RoyalDutch/Shell To Become Royal Dutch Shell
For the present, the firm is 60% owned by Royal Dutch Petroleum and 40% owned by Shell Transport & Trading
