As its £55bn purchase moves closer, falling oil prices mean Shell’s offer is less compelling than when first announced
Royal Dutch Shell has got the thumbs up from the European commission for its £55bn takeover of BG Group. That is two regulatory hurdles cleared, three to go. At that point, harder questions can be asked. Does this cash and shares deal, unveiled in early April, which feels like a different era for the oil market, still make sense? And will Shell shareholders back it?
Related: Shell bid for BG likely to go ahead despite oil slide, say analysts
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Source: The Guardian Circular Economy RSS