Royal Dutch Shell, BG Group Deal Receives EU Antitrust Clearance - Quick Facts

(RTTNews) - European oil giant Royal Dutch Shell plc (RDS-B, RDSB.L, RDSA.L, RDS-A) announced that its recommended combination with British oil and gas company BG Group plc (BG.L, BRGYY) has received unconditional merger clearance from the European Commission.

Together with the previously announced pre-conditional clearance in Brazil, two of the five pre-conditions to the combination have now been satisfied. The transaction is on track for completion in early 2016.

The pre-conditions and conditions to the combination are set out in the April 8 deal announcement.

Royal Dutch Shell agreed in early April to acquire BG Group in a cash and stock deal valued at about 47 billion pounds or $69.78 billion.