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

    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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    Quick Summary

    Shell CFO Jessica Uhl argues against splitting Shell into separate fossil fuel and renewable companies, despite financial appeal.

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

    1What 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.

    2Why is a Shell break-up being considered?

    Activist hedge fund Third Point suggests a split to enhance Shell's performance and market value.

    3What 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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