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Posts on ‘January 8th, 2016’

Standard Life says it will vote against Shell BG tie-up

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It said a weak outlook for oil prices plus risks for BG in Brazil could make the deal “value destructive for Shell shareholders.”

Few investors or analysts have openly challenged the deal’s strategic benefits for the firm.

Shell said it remained confident of winning the vote.

A Shell spokesman said: “We continue to believe we have the broad base of shareholder support we need for the deal to complete.”

Shell has also won the support of Institutional Shareholder Services (ISS), an influential advisory firm, which recommended that Shell shareholders support the deal. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell’s BG bid dealt blow with first shareholder dissent

Screen Shot 2016-01-08 at 21.15.50Standard Life Investment’s announcement came on the same day influential shareholder advisory firm Institutional Shareholder Services (ISS) endorsed the deal, saying the downturn in oil markets did not detract from its strategic benefits.

The first public sign of dissent from a key investor was unlikely to scupper Chief Executive Ben van Beurden’s drive to win the required shareholder support in a Jan. 27 vote.

Few investors or analysts have openly challenged the deal’s strategic benefits for Shell, which will become the world’s top liquefied natural gas trader and a major offshore oil producer. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Major Shell investor vows to vote against £40bn BG Group takeover

Screen Shot 2016-01-08 at 21.04.58Standard Life Investments, the 16th largest shareholder in Shell with a 2.1pc stake, has voiced doubts that the oil price will bounce back sufficiently to make the tie-up worthwhile.

Brent crude fell again on Friday to trade at $33.55, having slumped more than 70pc since July 2014. It is believed investors feel the price needs to be around $60-$65 in order to support the deal.

Standard Life Investments also has concerns over BG’s assets in Brazil, which is at risk of heft tax bills in th struggling South American economy. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell-BG deal faces opposition from Standard Life

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Terry Macalister Energy editor

Friday 8 January 2016 18.52 GMT

Standard Life is to vote against oil group Shell’s controversial plan to take over rival BG, branding the deal “value destructive” for shareholders at a time of plunging oil prices.

The high-profile move by one of the UK’s largest investment funds appears to be a last-ditch attempt to rally opposition to the £35bn bid at a time when Shell management is privately confident it has won over most doubters.

FULL ARTICLE

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Saudi Arabia’s Giant & Secretive Oil Company, Saudi Aramco

By John Donovan

Interesting to read the news today that the repressive and barbaric Saudi regime is considering publicly listing the state-owned oil company Saudi Aramco. 

The headline on one such article is: “Saudi Arabia’s Giant & Secretive Oil Company May Go For IPO

It is ironical under the circumstances that retired Royal Dutch Shell Chairman Sir Mark Moody-Stuart, the long-time claimed champion of transparency and ethics, is a member of the Saudi Aramco board

His late brother George Moody-Stuart was the highly respected Chairman of Transparency International.  read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell’s BG Deal Gets Backing of Shareholder Advisory Firm

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By Rakteem Katakey: Jan 8, 2016: Bloomberg.com 

Royal Dutch Shell Plc has won the backing for its takeover of BG Group Plc from a body that advises many of its largest shareholders.

Shell’s biggest ever deal has “compelling strategic rationale” and “significant positive economics to be realized within a relatively short time frame,” Institutional Shareholder Services said in a report dated Thursday. “Support for this transaction is warranted.”

Shell is on the brink of pulling off its biggest acquisition, but oil’s collapse to less than $35 a barrel from about $55 on the day the deal was announced in April has prompted some investors to question whether the company is paying too much. The energy producer has justified the deal by saying it would boost its ability to maintain dividends, make it the world’s largest LNG producer and give it new assets from Australia to Brazil. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Royal Dutch Shell receives backing from influential shareholder group for £36bn BG deal

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By City & Finance Reporter for the Daily Mail: 8 JAN 2016

An influential shareholder group is expected to support oil giant Royal Dutch Shell’s £36billion bid for gas specialist BG Group.

Shell needs more than 50 per cent of its investors and 75 per cent of BG’s to give the thumbs up for the deal to go ahead, but the collapse in the price of oil – down more than 70 per cent since summer 2014 – has made the deal difficult.

Shareholders are due to cast their vote on January 27 and 28. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com
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