"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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-8.79% | 1,942B | |
+17.98% | 465B | |
+46.12% | 259B | |
+12.79% | 172B | |
+11.84% | 108B | |
-5.74% | 80.36B | |
-0.57% | 52.04B | |
-.--% | 50.84B | |
+26.90% | 50.66B |