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6.54789097000249E-05 0.00015227653418616 -0.000304553068372103 -0.000536013400335058 0.00036546368204661 -0.00148165067763064 -0.00137048880767479 -0.000532967869651235
Stock impact report

UPDATE 1-Wintershall DEA to mandate banks shortly, could speed up IPO plans -sources [Reuters]

Royal Dutch Shell PLC Royal Dutch Shell PLC American Depositary Shares (Each representing two Class B Ordinary Shares) (RDS.B) 
US:NYSE Investor Relations: shell.com/investors.html
Company Research Source: Reuters
UPDATE 1-Wintershall DEA to mandate banks shortly, could speed up IPO plans -sources | Reuters 3 Min Read (Adds background, quotes) By Arno Schuetze, Clara Denina and Ron Bousso FRANKFURT/LONDON, March 19 (Reuters) - Wintershall DEA’s owners are expected to shortly mandate banks for a bumper 2020 stock market listing of the European oil and gas company in a sign that the deal could take place earlier than anticipated, people close to the matter said. German chemicals group BASF and LetterOne, a vehicle of Russian billionaire Mikhail Fridman, have asked banks to pitch for roles in the initial public offering of Wintershall DEA, which will result from a merger that is expected to close in the first half of 2019, they added. Banks are expected to be mandated next month, they said, adding that the company wants to ready for a listing by the end of the year. BASF and DEA declined to comment. With core earnings of 2.8 billion euros ($3.2 billion) in 2017, Wintershall DEA could be valued at Show less Read more
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