Thursday, 9 April 2015

SHELL TO BUY BG GROUP IN $70BN ENERGY DEAL

Royal Dutch Shell says it has agreed to buy oil and gas exploration firm, BG Group, in a deal that values the business at $70 billion, reports USA TODAY. The two firms say they have reached agreement on a cash and shares offer which gives investors a 50 percent premium on BG Group’s share price.

Read more @ Businessday

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