Even More Global: Shell Megamerger Offers Big Premium For BG Group

摘要

In a game changer for global LNG, Royal Dutch Shell Plc (NYSE: RDS-A, RDS-B) has offered to buy BG Group Plc for about $70 billion, mostly in stock. Shell agreed to pay a premium of about 50% to BG Group’s April 7 closing price, with 28% in cash (roughly $19.6 billion) and 72% in stock. In unadjusted dollars, the last deal of such magnitude was the $75 billion ConocoPhillips (NYSE: COP) merger in 2002.