by Veselin Valchev: Tuesday, 26 Jan 2016, 08:42 GMT
Royal Dutch Shell Plc (LON:RDSA) shareholders are due to vote on the £31 billion acquisition of smaller energy rival BG Group tomorrow, and all uncertainty in regards to the vote’s success seem to have evaporated.
A slew of highly influential investors and advisers have publicly backed the merger, which opponents have slammed as “value destructive” for Shell shareholders.
The only major investor to publicly come out against the acquisition is Standard Life, which argued that the slumping oil price has eroded the appeal of the merger. However, Standard Life also noted that it would vote for the deal with its BG Group holding at the respective vote on Thursday, the day after Shell votes.