Royal Dutch Shell Plc  .com Rotating Header Image

Shell shareholders move to back £35bn takeover of BG

Screen Shot 2015-12-09 at 09.00.07

Screen Shot 2015-12-21 at 22.53.51

Screen Shot 2015-10-31 at 15.47.13

David HellierTuesday 22 December 2015 

Some of the largest shareholders in Royal Dutch Shell, the giant petroleum and energy group, are expected to publicly back the company’s $53bn (£35bn) takeover of BG amid concern the deal could be sabotaged by those who want it scrapped.

Some shareholders such as David Cumming, head of equities at Standard Life Investments, have argued that the deal no longer makes sense because of the fall in the price of oil. He called on Shell’s chief executive, Ben van Beurden, to pay a $750m break fee to scrap the deal or renegotiate the terms.

FULL ARTICLE

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.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

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.