Royal Dutch Shell Plc  .com Rotating Header Image

August 25th, 2015:

Impact of Global Sell-Off on Shell-BG Group Deal

Screen Shot 2015-08-25 at 13.47.48

Screen Shot 2015-08-25 at 13.48.40

Screen Shot 2015-08-25 at 13.53.52By: MICHEAL KAUFMANAug 25, 2015

Royal Dutch Shell plc. (ADR) (NYSE:RDS.A) earlier this year finalized its $70 billion merger deal with BG Group plc. (ADR) (NYSE:BRGYY). The cash-and-stock deal valued BG at $20 per share. Shell, based on BG’s stock price on April 7, agreed on paying a 50% premium. However, as yesterday’s sell-off and grim crude oil prices are factored into the mix, it appears that the deal, among many others, may fall apart.

BG stock slipped 6.78% to close Monday’s trading session at $14.71 per share. The spread for the deal reached its highest level on Monday. Shell looks forward to acquiring BG’s Liquefied Natural Gas (LNG) assets. The company is also interested in the acquisition so as to take advantage of the opportunity to enter new markets. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Comment Rules

  • Please show respect to the opinions of others no matter how seemingly far-fetched.
  • Abusive, foul language, and/or divisive comments may be deleted without notice.
  • Each blog member is allowed limited comments, as displayed above the comment box.
  • Comments must be limited to the number of words displayed above the comment box.
  • Please limit one comment after any comment posted per post.