Shareholder green light expected for Shell BG merger
Major investors are expected to back Shell’s troubled £36 billion takeover of rival BG Group this week despite reservations that the plunging oil price has made the deal less attractive than when first unveiled last year.
David Cumming, head of equities at Edinburgh-based Standard Life Investments, has been one of the most high-profile opponents of the merger, calling it “value destructive for Shell shareholders”.
Some other institutional investors also have concerns about the terms of the deal in the current depressed climate for the oil industry, and it is thought the Shell shareholder... read more
- 02:03 Shamima Begum case: How do you deradicalise someone?
- 02:00 UK rehomes some 100 Syria White Helmets and family members
- 02:00 CO2 emissions from UK housing 'go up'
- 01:54 Australian government security contractor Paladin breaks silence on...
- 01:53 US Coast Guard officer Hasson 'planned terror attack'
- 01:46 'Religion cannot stop LGBT education', says Ofsted boss
- 01:46 Mail order knife site linked to Cambridge murder
- 01:43 Brexit: What happens to the Erasmus student scheme in a no deal?
- 01:43 Young people living in vans, tiny homes and containers
- 01:41 North Korea must take 'meaningful' steps to earn sanctions relief,...
- 01:30 Tim Morris: Getting freight moving – don’t let the M62 grind the...
- 01:30 The Yorkshire Post says: Action stations – getting the North back...
- 01:28 The Yorkshire Post says: Stopping the rot – high time for high...
- 01:28 The Yorkshire Post says: The rise of the Independents – give this...
- 01:22 Auckland threatens to eject Lime scooters after wheels lock at high...
- 01:21 Jeremy Corbyn calls on eight Labour defectors to quit as MPs
- 01:15 Alex Sobel: Why it is now vital that we extend Article 50 over Brexit
- 01:15 Jayne Dowle: The Independent rebels with a cause must look to...
- 01:15 Tim Morris: Getting freight moving – don’t let the M62 grind the...
- 01:15 The Yorkshire Post says: Action stations – getting the North back...
- 01:09 On the grid for new kart season
- 00:54 Lincolnshire councils have spent THOUSANDS of pounds hosting awards...
- 00:49 Council leaders warned against imposing car park tax levy ahead of...
- 00:48 Teacher targeted over LGBT work shortlisted for $1m global award
- 00:36 Cost of care for asylum-seeking children ‘doubles in four years’
- 00:36 Culture secretary to meet Mark Zuckerberg in US after snub to MPs
- 00:35 Olives pitting US against EU in global trade fight
- 00:27 City centres 'could become ghost towns'
- 00:26 Sign up for junior golf sessions in Alford
- 00:26 Bowls A team enjoy Horncastle win