Shell in ‘Advanced’ Talks to Buy BG for LNG, Brazilian Oil

April 7, 2015 10:24 PM

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Shell in ‘Advanced’ Talks to Buy BG for LNG, Brazilian Oil

Royal Dutch Shell Plc is in talks to acquire BG Group Plc in what would be the largest energy deal this year, according to a person with knowledge of the matter.

The source asked not to be identified discussing private information. Buying BG would be Shell’s largest acquisition since the 40.7 billion-pound ($60.3 billion) merger of its Dutch and U.K. parent companies in 2005, according to data compiled by Bloomberg. It would unite the U.K.’s first- and third...

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