Royal Dutch Shell to buy British gas producer BG for nearly US $70 billion
Royal Dutch Shell will buy British gas producer BG Group for nearly $70 billion in cash and equity, the companies said March 8. The information was immediately broadcast by several media including AP news agency
“A joint statement said the boards of both companies are recommending that shareholders approve the deal that will create a more competitive, stronger company for both sets of shareholders in today's volatile oil price world,” AP reported.
