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Shell lobby LG first merger giant oil in ten years
4/9/2015
BAGHDAD / follow Baghdadi News / ... Company (Royal Dutch Shell) said on Wednesday, it had agreed to buy the group (BG) to 47 billion pounds ($ 70 billion), in the first merger giant in the oil sector in ten years. The companies said in a joint statement that "in the framework of the deal will pay (Shell) 383 pence in cash and 0.4454 shares of Class B in the company in exchange for all shares of (G j)" .. The statement added that "this represents a premium of about 52 percent on the average share trading price in 90 days." The outcome deal for shareholders owning (BG) about 19% of the new group resulting from the merger. Ended 21 / l
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4/9/2015
BAGHDAD / follow Baghdadi News / ... Company (Royal Dutch Shell) said on Wednesday, it had agreed to buy the group (BG) to 47 billion pounds ($ 70 billion), in the first merger giant in the oil sector in ten years. The companies said in a joint statement that "in the framework of the deal will pay (Shell) 383 pence in cash and 0.4454 shares of Class B in the company in exchange for all shares of (G j)" .. The statement added that "this represents a premium of about 52 percent on the average share trading price in 90 days." The outcome deal for shareholders owning (BG) about 19% of the new group resulting from the merger. Ended 21 / l
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