Royal Dutch Shell, BG Group deal receives EU clearance
Together with the previously announced pre-conditional clearance in Brazil, two of the five pre-conditions to the combination have now been satisfied. The transaction is on track for completion in early 2016.
The pre-conditions and conditions to the combination are set out in the April 8 deal announcement.
Royal Dutch Shell agreed in early April to acquire BG Group in a cash and stock deal valued at about 47 billion pounds or $69.78 billion. ■