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