Royal Dutch Shell moved to bolster shareholder support for its proposed takeover of BG Group after Chinese regulators on Monday gave the deal their approval.
Shell announced that the combined group would cut up to 2,800 staff upon completion, or 3 per cent of the enlarged workforce, as it looks to secure one of the largest energy deals of recent years amid the oil price crash. Brent crude was trading at $37 on Monday.
Shares in BG fell 0.7 per cent on Monday to close at ￡9.20, and are about 10 per cent lower than the price outlined by Shell in its cash-and-stock bid, partly reflecting some concern that shareholders might not approve the deal.
您已閱讀19%（648字），剩余81%（2846字）包含更多重要信息，訂閱以繼續探索完整內容，并享受更多專屬服務。