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Shell can claim BG despite burden of proof weighing on van Beurden

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David Cummings, head of equities at Standard Life, says the deal no longer makes a lot of sense…

John Maynard Keynes was famous for changing his mind when the facts informing his decisions changed. Ben van Beurden, chief executive of Shell, is becoming infamous for his attachment to a decision whose factual foundation is eroding. The oil price, the data point against which the world economy and Shell’s purchase of BG Group are correlated, has changed drastically.

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