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One-Page Deal Sheet

Shell to Buy BG Group in ~$70 Billion Mega-Merger Deal

Shell plc BG Group
AnnouncedApr 8, 2015
TypeCorporate
LocationNorth Sea
Announced Date
April 08,2015
Effective Date
February 15,2016
Close Date
February 15,2016
Transaction Type
Corporate
Enterprise Value (EV)($MM)
70000




Snapshot
Location
Region
Europe

Country
United Kingdom

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Transaction Details:  Subscribe to see

The Boards of Shell and BG are pleased to announce that they have reached agreement on the terms of a recommended cash and share offer to be made by Shell for the entire issued and to be issued share capital of BG.

Under the terms of the Combination, BG Shareholders will be entitled to receive:

    For each BG Share: 383 pence in cash; and  

        0.4454 Shell B Shares[1] 

Based on the 90 trading day volume weighted average price of 2,170.3 pence per Shell B Share on 7 April 2015 (being the last Business Day before the date of this Announcement), the terms of the Combination represent:



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