Royal Dutch Shell Group .com Rotating Header Image

Big investors walk as fears increase over Shell-BG deal

Screen Shot 2015-12-11 at 22.52.23

Screen Shot 2015-12-23 at 08.57.32

Screen Shot 2015-12-23 at 09.03.45Robin PagnamentaDecember 23 2015

Two of the biggest shareholders in BG Group have sold nearly £300 million of shares in recent weeks, in a sign of rising unease over its proposed £36 billion takeover by Royal Dutch Shell.

Axa Investment Management has sold 18.4 million BG Group shares worth £168 million, cutting its stake by nearly two thirds since October. Wellington Management, an American hedge fund, has sold 11.82 million shares, worth more than £108 million and a third of its holding, since September 30. 

FULL ARTICLE SUBJECT TO SUBSCRIPTION

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Comments are closed.

%d bloggers like this: