Deals
Shell Wins Investor Approval to Buy BG, Sealing Biggest Deal
- More than 83 percent of Shell investors back $52 billion deal
- BG shareholders set to vote on the transaction on Thursday
What a Shell-BG Deal May Mean for Ratings
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Royal Dutch Shell Plc won shareholder approval to buy BG Group Plc, sealing its biggest acquisition amid the worst oil-industry slump since the global financial crisis.
More than 83 percent of Shell shareholders voted in favor of the transaction, the company said in a statement. Most votes were cast by proxy while other investors met in The Hague on Wednesday.