Shell Takeover of BG Group Still on Track Despite Shareholder Doubts

Sean Farrell, The Guardian | December 21st, 2015

Royal Dutch Shell is pressing ahead with its $60bn (£40bn) takeover of BG Group despite doubts among some shareholders about the deal’s viability given the falling oil price.

Shell said it intends to publish its takeover prospectus on Tuesday with the company and BG planning to hold shareholder votes on the deal in late January. Shell said the deal would complete in the first few months of 2016.

China’s competition authority approved the acquisition last week, finishing the regulatory agreements needed before the deal moves towards completion. […]

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