Wednesday, January 27, 2016

Approves acquisition of BG Group – OBI Online

The General Meeting of Royal Dutch Shell has approved the company’s acquisition of BG Group, reports Bloomberg.

According to DN voted more than 80 percent of shareholders for acquisition.

Now depends giant acquisition of the shareholders of BG Group approves it in a general meeting on Thursday and the final regulatory approval.

Oil Fund is Shell’s fifth largest investor with 2.46 percent of the shares and BGs second largest investor with 3.73 percent of the shares, according to Thomson Reuters.

The Fund confirmed last week that it would approve the transaction.

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