Dansk Olieselskab ApS entered into an agreement to acquire A/S Dansk Shell from Royal Dutch Shell plc (ENXTAM:RDSA) for $80 million on September 15, 2016. The consideration is inclusive of working capital. Approximately 240 people who are employed by A/S Dansk Shell will remain employed as it transfers to new ownership. The transaction is subject to regulatory approval and is expected to be completed in 2017. Dansk Olieselskab ApS cancelled the acquisition of A/S Dansk Shell from Royal Dutch Shell plc (ENXTAM:RDSA) on January 2, 2018.