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

April 7, 2015 10:24 PM

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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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