BG Group shareholders approve $52bn buy-out by Shell

BG Group shareholders have greenlit the company’s $52bn acquisition by Shell, which would create the world’s largest LNG trading company.

Investors voted 99.53% in favour of the merger at a general meeting held in London today.

A court must now sanction the acquisition at a hearing on February 11. If approved, the scheme is expected to become effective on February 15.

On Wednesday, Shell shareholders voted 83% in favour of the deal .

Holly Birkett

Holly is Splash's Online Editor and correspondent for the UK and Mediterranean. She has been a maritime journalist since 2010, and has written for and edited several trade publications. She is currently studying for membership of the Institute of Chartered Shipbrokers. In 2013, Holly won the Seahorse Club's Social Media Journalist of the Year award. She is currently based in London.
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