Why Shell May Get Less Than It Bargained For In BG Deal
By Andy Tully: Posted on Tue, 19 May 2015
Royal Dutch Shell’s $70 billion purchase of BG Group may not be as attractive as it once seemed.
According to BG’s 2014 annual report, if British-based BG were to be taken over by another company, the government of Kazakhstan would have the right to buy BG’s 29.25 percent share in a valuable Kazakh gas field, which so far has represented some 15 percent of the company’s total production and 9 percent of the $19 billion in revenue it made last year.
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