Mega deal in oil patch pushes energy stocks higher

April 8, 2015 1:20 PM

64 0

In this April 7, 2014 photo, a flag bearing the company logo of Royal Dutch Shell, an Anglo-Dutch oil and gas company, flies outside the head office in The Hague, Netherlands. Royal Dutch Shell said April 8 that it has agreed to buy gas producer BG Group for 47 billion pounds ($69.7 billion) in a cash and stock takeover. (Peter Dejong, AP)

Nothing like a monster deal to get stock investors in a buying mood, and Royal Dutch Shell’s mega-$70 billion deal for Britain’s BG Group has boosted investors animal spirits.

Also read: Priceline, Tencent Join Investors Pumping $4 Billion into Chinese Lifestyle Site

Read more

To category page

Loading...