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Shell leaves the Netherlands - see

Shell leaves the Netherlands – see

The oil giant wants to keep its investors on board as well as defuse the conflict with activist shareholder Third Point. The group announced on Monday that a simple share structure would make it easier for Shell to buy back its shares. Shareholders will vote on this on December 10th.

But the name of the group was also changed: “Royal Dutch” is no longer applicable, and in the future multi-oil will work only under the name “Shell”. Shell also wants to move its tax headquarters from the Netherlands to the UK.