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    BBC News: Shell 'In Advanced Discussions' to Buy BG Group

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Summary

BG Group has confirmed that it is "in advanced discussions" with energy giant Shell over a possible merger, in what could be one of the biggest deals of 2015.

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BBC News: Shell 'In Advanced Discussions' to Buy BG Group

BG Group has confirmed that it is "in advanced discussions" with energy giant Shell over a possible merger, in what could be one of the biggest deals of 2015.

The mega-merger could produce a company with a combined market capitalisation of more than £200bn ($296bn; €274bn).

BG Group confirmed the news, first reported in the Wall Street Journal, but a Shell spokesman told the BBC: "We're not making any comment."

Shell has until 5 May to make an offer.

But BG added: "There can be no certainty that any offer will ultimately be made for BG." MORE

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