Movement at the station, page-2

Here's a bit of coverage Tony. This is just the start. H2 will see some large ones. Which is what we need. Deal fever. And Fear Of Missing Out. Careful what you wish for though - a takeover soon will see us all robbed. Later is better.
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According to media reports in the US and the UK, the huge Royal Dutch Shell group is looking at a $US50 billion plus takeover of smaller rival, BG Group, a move that would see Shell gain LNG and gas interests around the world, including Queensland.
BG Group, a London listed company, has a market value of 31 billion pounds (or $US46 billion, or more than $A60 billion) Shell would have to offer a significant premium, meaning the value could be as high as $US60 billion, or close to $A90 billion.
BG this morning confirmed it is in “advanced negotiations” with Shell that could lead to a bid.
If it happens, it could kickstart a series of similar moves among oil and gas companies, especially in the US. Such a move has been long tipped by analysts as oil prices have fallen and US production has soared.
But so far the scale of consolidation has been less than forecast. According to analysts there were ‘only’ $US19.1 billion in oil and gas deals in the March quarter. The biggest deal so far has been the $US8.3 billion takeover of Talisman Oil, another UK independent, by Spanish energy giant, Repsol.