5 key things about Shell-BG merger

April 8, 2015 2:48 PM

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5 key things about Shell-BG merger

Royal Dutch Shell, best known for its gasoline stations, is buying BG Group, a big natural gas specialist, for about $70 billion in cash and stock.

Company executives have recommended that directors approve the deal, even though Shell is paying a huge premium -- about 50% more than BG's most recent closing price. Trading in BG shares reflected that.

Also read: British American Tobacco Offers to Buy Remaining Reynolds Stake for $47 Billion

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