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(From Chemical Business NewsBase - Press Release)
The Royal Dutch Boards, the Shell Transport Board and the Royal Dutch Shell Board are announcing final proposals on 19 May 2005, for the recommended unification of Royal Dutch and Shell Transport under a single parent company, Royal Dutch Shell, which was initially announced on 28 Oct 2004. It is expected that completion will take place, and that trading in Royal Dutch Shell Shares will commence, on 20 Jul 2005. The terms of the transaction reflect the current "60:40" ownership of the Royal …