Shell's BG purchase could be catalyst needed for U.S. shale deals

April 8, 2015 5:41 PM

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Shell's BG purchase could be catalyst needed for U.S. shale deals

HOUSTON (Reuters) - Royal Dutch Shell Plc's $70 billion agreement to buy BG Group Plc (BG.L) may be just the signal that other dealmakers need to make their own energy takeover bets, particularly in the U.S. shale sector.

Bankers and analysts say that Shell's move is telling potential acquirers that one of the biggest players is now confident enough to make a big play - that the fears of a further big slide in oil and gas prices may be fading.

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