Shell CEO Wael Sawan on acquiring Canada's ARC Resources: 'Great time to be making this move'
Welcome back to Money Movers. Take a look at shares of Shell moving higher today, up 2% after the company announced yesterday it would be acquiring Canadian energy company Arc Resources. The deal is Shell's biggest in over a decade with a total enterprise value of 16.4% billion.Shell also saying it will generate double-digit returns for them. This all as the UAE today announces it will be leaving OPEC effective next month. Joining us now first on CNBC is Shell CEO Wild Swan.Great to see you back. Well, than ...