Trouble for Shell-BG merger

SHAREHOLDERS are getting jittery over Shell's acquisition of Queensland Curtis LNG project operator BG Group, with analysts warning that the $A90.91 billion price tag could be too high and could endanger investors' dividends – though rising European consultancy Rystad Energy reckons it's a "fair price".

The cash-and-shares deal needs shareholder approval as well as antitrust approvals from regulatory agencies in Australia, China, Brazil and the European Union due to the scope of the deal.


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