many as 83 percent of shareholders voted in favor and 17 percent
against the deal, one of the largest in the energy sector in the
BG shareholders will cast their votes in London on Thursday.
"Our immediate focus is on the successful completion of the
transaction and we now await the results of tomorrow’s BG
shareholder vote," said Shell Chief Executive Ben van Beurden in
Shares in BG were down 0.2 percent at 1237 GMT (7:37 a.m. ET),
while Shell's B shares traded 2.4 percent lower, compared with a
1.7 percent decline in the European oil and gas index <.SXEP>.
Over 40 percent of Shell's shareholders also own around half of
BG's stock, according to Reuters data.
If the deal is approved by all shareholders on both sides, the
two companies will merge on Feb. 15. Shell will then become the
world's most powerful LNG trader and gain access to valuable oil
resources offshore Brazil and in Australia.
(Editing by Greg Mahlich)
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