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'".
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
BG Group's share price was down 0.41% to 1,214p at 11:15 on Wednesday.
MF
-
Could your family be at risk of an unexpected tax bill? How to keep your loved ones in the loopMany families are out of the loop when it comes to planning the financial aspects of both retirement and inheritance
-
Rightmove: Glut of homes for sale in southern England drives asking price dropAsking prices are 0.1% lower than a year ago, according to the property website, driven by challenges in affordability-stretched London and the south
