Shell merger with BG Group gets green light from China
14th December 2015
Shell's £40bn takeover of BG has been cleared by the Chinese Ministry of Commerce (MOFCOM), giving the deal the green light to go ahead.
This was the final regulatory hurdle standing in the way of the deal. China's blessing follows success with regulators in Australia, the US, EU and Brazil.
Shareholders at the two companies will now decide whether the tie-up will go ahead, and the deal could complete in early 2016.
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