Shell to Buy BG Group for $69.6 Billion
Deal the latest sign of how tumbling energy prices are shaking up the global oil-and-gas industry
WALL STREET JOURNAL ARTICLE BY SELINA WILLIAMS and IAN WALKER
By SELINA WILLIAMS and IAN WALKER
Updated April 8, 2015 3:19 a.m. ET
LONDON—Petroleum giant Royal Dutch Shell PLC has agreed to buy BG Group PLC for £47 billion ($69.6 billion) in cash and shares, the latest sign of how tumbling energy prices are shaking up the global oil-and-gas industry.
BG shareholders will get 383 pence in cash; and 0.4454 Shell B shares for each share held, giving them 19% of the enlarged group, which will be one of the world’s leading liquefied natural gas firms. The price is a 50% premium to BG’s closing share price of 910.4 pence on Tuesday.
The deal, which confirms an earlier report by The Wall Street Journal, brings together two companies that have been buffeted by a sharp drop in oil and gas prices since last summer and would enable the two European energy giants to eliminate overlapping costs to help compensate for the toll that lower oil prices have taken on their top lines.
“The result will be a more competitive, stronger company for both sets of shareholders in today’s volatile oil price world,” Shell Chairman Jorma Ollila said in the statement.
However, shares in Shell fell 5% in early trading in London, while BG stock rose 37%.
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Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
