BG Group declines to comment on break-up bid market rumours

Reuters news agency has cited a report from Daily Express market report claiming there has been "talk of an 80 billion pound-plus break-up bid" for the FTSE 100-listed natural gas provider BG Group.

Reuters news agency has cited a report from Daily Express market report claiming there has been "talk of an 80 billion pound-plus break-up bid" for the FTSE 100-listed natural gas provider BG Group.

Still citing the Daily Express market report, the news agency added that traders were speculating that "a number of potential bidders including Royal Dutch Shell, U.S. listed Exxon Mobil , Brazilian group Petrobas and India's Reliance Group were circling the firm'".

When Digital Look contacted BG Group, Kim Blomley, External Communications Manager at the group, said the company was not commenting on the rumours.

BG Group's share price was down 0.41% to 1,214p at 11:15 on Wednesday.

MF

Recommended

The top funds to invest in
Funds

The top funds to invest in

As market volatility and recessionary fears continue, here are the most popular funds, stocks and trusts investors are putting their money into accord…
2 Feb 2023
The ten highest dividend yields in the FTSE 100
Income investing

The ten highest dividend yields in the FTSE 100

Rupert Hargreaves takes a look at the companies with the highest dividend yields in the UK’s blue-chip index
23 Jan 2023
The top ten dividend stocks in the FTSE 250
Share tips

The top ten dividend stocks in the FTSE 250

The average FTSE 250 dividend yield is around 4%, but many stocks yield much more. Rupert Hargreaves picks the best FTSE 250 stocks for income investo…
17 Jan 2023
Investing trends to watch out for in 2023: what analysts say
Investment strategy

Investing trends to watch out for in 2023: what analysts say

What are sensible strategies for high inflationary times? We ask analysts to find out.
22 Dec 2022

Most Popular

Best savings accounts – February 2023
Savings

Best savings accounts – February 2023

Interest rates on cash savings are making a comeback. We look at the best savings accounts on the market now
3 Feb 2023
The best one-year fixed savings accounts - February 2023
Savings

The best one-year fixed savings accounts - February 2023

Earn almost 5% on one-year fixed savings accounts.
3 Feb 2023
After slumping 42% last year, what's next for Scottish Mortgage?
Investment trusts

After slumping 42% last year, what's next for Scottish Mortgage?

After a spectacular couple of decades, the Scottish Mortgage Investment Trust fell by 42% last year. We take a look at the trust's performance and dis…
3 Feb 2023