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/regasification/28012016/bg-shareholders-approve-shell-takeover-1943/
You might also like
Van Oord completes first bio-LNG bunkering
Van Oord’s trailing suction hopper dredger, Vox Ariane, has completed its first bunkering of bio-LNG on the Elbe in Germany.