A PYMNTS Company

US: Shell’s takeover is likely to meet with global antitrust scrutiny

By  |  April 9, 2015

Shell said Wednesday it intends to buy United Kingdom-based BG Group in what would be one of the energy sector’s largest acquisitions. BG is a major player in liquefied natural gas.

As one of the energy industry’s biggest ever deals, Royal Dutch Shell’s proposed acquisition of BG Group for £47bn excluding debt will face prolonged scrutiny from regulators around the world, the Financial Times reported on Thursday.

“It’s likely the merged entity will have twice the amount of LNG from its nearest rival, so I think that’s going to be the main focus of the inquiry,” said Paul Henty, a competition lawyer at Charles Russell Speechlys.

 

Full Content: The Financial Times

 

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.