"The rationale for the proposed acquisition has been clearly disclosed and does not raise any concerns," PIRC said in a note to investors.
(Reporting by Ron Bousso; Editing by Mark Potter)
End-of-day quote
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- GBX | - |
2016 | Petroleo Brasileiro Petrobras : Petrobras cancels sale of stake in Brazil offshore oilfields | RE |
2016 | Shell expects its Brazil output to quadruple by 2020: CEO | RE |
LONDON (Reuters) - British shareholder advisory firm PIRC on Thursday recommended investors vote in favour of Royal Dutch Shell's $48 billion (33.33 billion pound) acquisition of BG Group later this month.
"The rationale for the proposed acquisition has been clearly disclosed and does not raise any concerns," PIRC said in a note to investors.
(Reporting by Ron Bousso; Editing by Mark Potter)
1st Jan change | Capi. | |
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-14.39% | 1,871B | |
+17.36% | 462B | |
+54.46% | 248B | |
+9.33% | 228B | |
+8.78% | 168B | |
+4.16% | 98.25B | |
+30.98% | 52.4B | |
-.--% | 51.8B | |
-5.55% | 50.22B |