Royal Dutch Shell says it has agreed to buy oil and gas exploration firm BG Group in a deal that values the business at £47bn.
The two firms
say they have reached agreement on a cash and shares offer which gives
investors a 50% premium on BG Group's share price on 7 April.
The deal could be one of the biggest of 2015 and could produce a company with a value of more than £200bn ($296bn).
