International Energy ETFs Barely Stir on Shell//BG News
April 08, 2015 at 12:02 PM EDT
Royal Dutch Shell (NYSE: RDS-A), Europe’s largest oil company, is acquiring rival BG Group for $70.2 billion in the oil industry’s largest acquisition in a decade. Shell, which said the deal will boost its proven reserves by 25%, is paying a 52% premium to BG’s 90-day trading in what amounts to the...