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Third Point Has Big Shell Stake, Urges Energy Giant to Break Up

Summary
Daniel Loeb’s Third Point LLC has taken a large stake in Royal Dutch Shell PLC and is urging the oil giant to separate into two companies to retain and attract investors as many flee stocks seen as environmentally unfriendly.

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  • 75% of the sources are Center
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Wall Street Journal broke the news in New York, United States on Wednesday, October 27, 2021.
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