Shell to buy BG Group in £47bn super-merger

clock

Royal Dutch Shell has agreed to buy BG Group for £47bn in one of the largest deals of all time.

The transaction, which values BG Group at a near 50% premium to its 7 May closing market cap of £31bn, will see the firm combine with Shell to form a £200bn company. Confirming the deal this morning, the two energy companies said BG shareholders will receive 383p in cash for each share they own, plus 0.4454 Shell B Shares. This values each BG share at around £13.50 per share, and is a 52% premium to the stock's 90-day weighted average price. BG shareholders will end up owning about 19% of the combined group as part of the acquisition, which is the first indication that plunging com...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Trump's presidency and tariffs: Advice industry shares views

Trump's presidency and tariffs: Advice industry shares views

‘Stark raving mad’ but ‘great’ for US firms

Isabel Baxter
clock 18 February 2025 • 4 min read
Five-fold surge in advisers buying gilts for clients in 2024

Five-fold surge in advisers buying gilts for clients in 2024

AJ Bell finds 436% increase in gilt purchases on its Investcentre

Isabel Baxter
clock 10 February 2025 • 1 min read
Bank of England cuts interest rates by 25bps to lowest level in 18 months

Bank of England cuts interest rates by 25bps to lowest level in 18 months

First MPC meeting of the year

Sorin Dojan
clock 06 February 2025 • 3 min read