Deals
Shell's BG Deal Gets Backing of Shareholder Advisory Firm
- Deal has compelling rationale, positive economics: ISS
- Shell's shareholders scheduled to vote on deal Jan. 27
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Royal Dutch Shell Plc has won the backing for its takeover of BG Group Plcfrom a body that advises many of its largest shareholders.
Shell’s biggest ever deal has “compelling strategic rationale” and “significant positive economics to be realized within a relatively short time frame,” Institutional Shareholder Services said in a report dated Thursday. “Support for this transaction is warranted.”