You are here

Shell takes on Exxon with £47b bid for BG

SHELL325.jpg
ROYAL Dutch Shell agreed to buy smaller rival BG Group for £47 billion (S$95 billion) in the first major energy industry merger in more than a decade, closing the gap on market leader US ExxonMobil after a plunge in prices.

London

ROYAL Dutch Shell agreed to buy smaller rival BG Group for £47 billion (S$95 billion) in the first major energy industry merger in more than a decade, closing the gap on market leader US ExxonMobil after a plunge in prices.

Anglo-Dutch Shell will pay a mix of cash and shares

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom