BR Oil Sands Corp., a subsidiary of Shell Canada Ltd., Calgary, (Toronto: SHC) has acquired BlackRock Ventures Inc., Calgary, (Toronto: BVI) for C$2.4 billion in cash. BR Oil Sands acquired approximately 100 million shares of BlackRock at C$24 each, a 27% premium on the BlackRock share price, representing approximately 99.38% of all outstanding shares.
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