ARC shareholders approve Shell’s proposed purchase of the Canadian natural gas producer for $16.4 billion, according to reports covering the vote. The deal advances Shell’s strategy to expand its North American natural gas portfolio. The transactions bring together Shell’s position in natural gas markets with ARC’s Canadian operations, as Shell seeks additional scale and supply in the region. The reported transaction value is $16.4 billion and reflects the consideration agreed as part of the acquisition arrangement. While the sources focus on shareholder approval and Shell’s stated rationale, details on the timing of closing and any remaining regulatory steps are not provided in the excerpts. The approval indicates that shareholders have endorsed the acquisition at the proposed price, moving the transaction to subsequent procedural stages before it can be completed. Overall, both outlets describe the same core outcome: ARC shareholders greenlight the $16.4 billion deal for Shell to buy the company, with the overarching goal of strengthening Shell’s North American natural gas business.