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UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
Shell/BG merger secures Australian approval
Shell’s $70bn acquisition of BG Group has received approval from the Australian Treasurer through the Foreign Investment Review Board. The approval follows the unconditional approval by the Australian Competition and Consumer Commission and completes the regulatory review process in Australia. This is the fourth pre-condition to be satisfied, following the previously announced clearances in Brazil and the EU, and the ACCC’s approval. The final remaining pre-conditional clearance is from China’s Ministry of Commerce.
News Item details
Journal title: Petroleum Review
Countries: Europe -
Organisation: Royal Dutch/Shell|BG Group plc
Subjects: Mergers and acquisitions
