Shelling out for a BG takeover
Oil company Shell is teaming up with BG, a gas company. It’s just one of a number of mergers in the oil and gas business that are either being considered, or are in the works.
Shell will reportedly pay $70 billion for the company, one of the largest mergers in the industry since ExxonMobil.
The industry is under immense pressure to consolidate — but are some sectors under more pressure than others?
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