Shell: 5 Things to Know About the Biggest Oil Deal in a Decade

April 8, 2015 1:00 PM

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Shell: 5 Things to Know About the Biggest Oil Deal in a Decade

Royal Dutch Shell Plc is taking over BG Group Plc in a $70 billion deal, the biggest the oil industry has seen in over a decade, and the clearest sign yet of consolidation pressures caused by last year’s collapse in oil prices. Here’s what you need to know.

1. It’s a landmark moment for the sector. Big mergers in the energy industry typically happen when it becomes cheaper to buy oil and gas reserves on the stock market than to drill for them. BG’s shares had fallen over 50% since January last year, and there was no way Shell could develop a comparable...

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