Royal Dutch Shell (RDS.A) extends the deadline for its £1.12B ($1.74B) offer to acquire...

|About: Royal Dutch Shell plc (RDS.A)|By:, SA News Editor

Royal Dutch Shell (RDS.A) extends the deadline for its £1.12B ($1.74B) offer to acquire Cove Energy. Shell is still trying to persuade Cove shareholders to back its offer instead of PTT's £1.22B ($1.... but so far only 4.8% have done so. Cove and Anadarko recently have announced new discoveries of natural gas deposits in Mozambique, sparking hopes of a higher offer.