Shell gets Brazil approval for BG acquisition

Royal Dutch Shell has regulatory approval from Brazil to buy BG Group, removing one antitrust question surrounding the proposed $70-billion acquisition.

Offshore staff

THE HAGUE, the Netherlands– Royal Dutch Shell has regulatory approval from Brazil to buy BG Group, removing one antitrust question surrounding the proposed $70-billion acquisition.

The Bloomberg report also notes that in Brazil, Shell owns stakes in offshore fields in partnership with state-controlled Petroleo Brasileiro SA.

07/09/2015

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