BG shareholders approve Shell takeover
Published by Callum O'Reilly,
Senior Editor
LNG Industry,
BG Group has announced that its shareholders have approved Royal Dutch Shell’s takeover bid, clearing the way for completion of the deal.
BG’s shareholders were almost unanimously in favour of the transaction – 99.53% of voters approved the deal.
The news follows Shell’s recent announcement that its shareholders had also voted in favour of the combination between the two companies.
Shell expects to complete the transaction on 15 February 2016.
Edited from press release by Callum O'Reilly
Read the article online at: https://www.lngindustry.com/liquefaction/28012016/bg-shareholders-approve-shell-takeover-1943/
You might also like
Argent LNG launches EPC review and pre-filing process with FERC
Argent LNG has initiated a comprehensive EPC partner review in preparation for entering the Federal Energy Regulatory Commission pre-filing and permitting process for its 25 million tpy LNG export project in Louisiana.