5 key things about Shell-BG merger

April 8, 2015 2:48 PM

64 0

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: GE to take $6.2 billion charge in its finance arm

Read more

To category page