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Shell agrees to buy BG Group for $69.6B

Apr. 08, 2015 2:30 AM ETShell plc (SHEL) StockSHEL, BRGYY, BRGXFBy: Yigal Grayeff, SA News Editor8 Comments
  • Shell (RDS.A, RDS.B)  has agreed to purchase BG Group (OTCQX:BRGXF) for £47B ($69.6B) in cash and stock.
  • BG shareholders will receive 383 pence in cash and 0.4454 Shell B shares and will end up holding 19% of the combined group. (PR)

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