Shell and BG to vote on deal at end of January

Shareholders of Royal Dutch Shell and BG Group are expected to vote on 27th and 28th of January on the firms’ planned merger. BG is currently seeking the approval of […]

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By Jacqueline Echevarria

Shareholders of Royal Dutch Shell and BG Group are expected to vote on 27th and 28th of January on the firms’ planned merger.

BG is currently seeking the approval of the High Court to publish its scheme document and convene the related shareholder meetings.

The companies’ plan to merge in deal worth £47 billion, was announced eight months ago and was granted approval by China, Brazil, EU, the US and Australia.

Shell also stated it will cut 2,800 jobs once its plans to takeover BG are completed.