BLOOMBERG Market Makers April 8, 2015
It is the biggest deal in the oil and gas industry in the last decade. Shell has agreed to buy bg group for 70 billion in cash and stock. That represents a premium of 50 on bgs Closing Price yesterday. Shelves ceo told bloomberg the deal is a bargain. Shells ceo. If you look at the combination of the two Companies Come out we could do with the assets the fantastic assets that bg has with our capabilities applied to them, we saw a lot more value in that combination than the market. Stephanie the combined company would surpass chevron as the worlds secondlargest oil and gas producer after exxon ...
Source: archive.org