Daily Telegraph:
Face of the day: "Van
der Veer, the chief executive of Royal Dutch Petroleum,
faces an egm in Amsterdam today where he hopes to clinch
the £130billion merger of Royal Dutch Petroleum with
Shell Transport and Trading.": Friday 16 December 2005
Jeroen van der Veer
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Jeroen van der
Veer |
Van der Veer, the chief executive of
Royal Dutch Petroleum, faces an egm in Amsterdam today
where he hopes to clinch the £130billion merger of Royal
Dutch Petroleum with Shell Transport and Trading.
The merger would bring to an end
almost 100 years of Shell's trading as a dual
organisation.
The company is keen to usher in an
era of "one company, one board and one chief executive".
Critics say the move will leave
3,000 Royal Dutch Petroleum UK holders with a £77m tax
bill. |