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Shell break-up would not work in real life, says CFO

Published by maria gbaf

Posted on October 29, 2021

1 min read

· Last updated: January 29, 2026

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Shell CFO: Break-up of Shell Not Feasible in Reality

LONDON (Reuters) – Breaking up oil major Royal Dutch Shell into separate fossil fuels and renewables companies might be financially compelling but would not work in real life, finance chief Jessica Uhl said on Thursday.

Activist hedge fund Third Point, which has built a large stake in Shell, on Wednesday called for the oil major to split into multiple companies to increase its performance and market value.

Shell Chief Executive Ben van Beurden told reporters that Shell’s strategy is coherent and well understood by a majority of its shareholders.

(Reporting by Shadia Nasralla; Editing by David Goodman)

Key Takeaways

  • Shell CFO dismisses break-up as impractical.
  • Activist hedge fund Third Point suggests Shell split.
  • Shell's strategy is supported by most shareholders.
  • Financial appeal of split acknowledged by CFO.
  • Shell CEO emphasizes coherent company strategy.

Frequently Asked Questions

What is the main topic?
The main topic is the discussion around the potential break-up of Royal Dutch Shell into separate fossil fuels and renewables companies.
Why is a Shell break-up being considered?
Activist hedge fund Third Point suggests a split to enhance Shell's performance and market value.
What is Shell's stance on the break-up proposal?
Shell's CFO and CEO argue that the company's current strategy is coherent and supported by shareholders, making a break-up impractical.

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