Shell-BG deal off?
By Oliver Haill | Sharecast – Tue, Aug 25, 2015 08:36 BST
LONDON (ShareCast) – (ShareCast News) – A global stock market sell-off and tumbling oil prices have increased fears that some of this year’s largest takeover deals are at risk of falling apart – including Royal Dutch Shell (Xetra: R6C1.DE – news) ‘s $70bn bid for UK rival BG Group (LSE: BG.L – news) . Over the past week, the gap between the agreed price of several takeovers and the market price of the target companies’ shares has widened, as funds that specialise in profiting from these situations have taken fright.
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