Takeover of the company would be one of the biggest deals in the oil and gas sector in the last 20 years
Oil giant Royal Dutch Shell has agreed a £47bn takeover of gas group BG in one of the biggest deals seen in the oil and gas sector in the last 20 years. It will create a company worth more than £200bn.
BG confirmed on Wednesday that it was offering a cash and shares deal worth £13.50 a share – a 50% premium on BG’s market value on Tuesday night when news of the deal first leaked.