Major shareholder Daniel Loeb calls for a split

Demonstration against Shell in London

Attack from several sides.

(Photo: imago images / ZUMA Wire)

Dusseldorf After activist investors caused a sensation at the US group Exxon Mobil, a new major shareholder with a clear agenda has now also moved into the British-Dutch oil giant Shell: the US hedge fund Third Point has acquired a large stake in the oil company Royal Dutch Shell and calls for it to be split up. The stake is worth between 500 and 750 million dollars and makes Third Point one of the largest shareholders in Shell, reports the Wall Street Journal, citing people familiar with the matter.

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