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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
Updated on

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.