TSXV:ISD.H - Post by User
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TTSBon Sep 28, 2012 12:12pm
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RE: RE: 25% reponse ..huge and only the beiginning
RE: RE: 25% reponse ..huge and only the beiginning has 44,000 service stations worldwide.[5]Shell Oil Company, its subsidiary in the United States, is one of its largest businesses.[6]
The Royal Dutch Shell Group was created in February 1907 through the merger of two rival companies - Royal Dutch Petroleum Company (Dutch legal name : N.V. Koninklijke Nederlandsche Petroleum Maatschappij) and the "Shell" Transport and Trading Company Ltd of the United Kingdom, founded by Marcus Samuel, 1st Viscount Bearsted.[8] It was a move largely driven by the need to compete globally with the then dominant American petroleum company, John D. Rockefeller's Standard Oil, and as a strategy to face the challenges brought by the crisis of 1907. The terms of the merger gave 60% ownership of the new Group to the Dutch arm and 40% to the British.