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Bloomberg: Shell Will Buy BG Group for $70 Billion in Cash and Shares

Bloomberg: Shell Will Buy BG Group for $70 Billion in Cash and Shares

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BlueKelah Offline
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#1
08-04-2015, 03:27 PM
Bloomberg - Shell Will Buy BG Group for $70 Billion in Cash and Shares http://bloom.bg/1IIES5J

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HitandRun Offline
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#2
09-04-2015, 07:39 AM
A sign of desperation (to bolster its fast depleting reserves), paying almost US$15 per boe of proved reserves, mainly NG reserves.

If I were Shell's boss, I would have preferred to buy a Canadian oil sands company for the same dough...Big Grin
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