Summary
GAS group BG made another attempt to scuttle the bid speculation that has surrounded it for seven years and which has bubbled up again since Shell, one of its favoured suitors, found that it desperately needs to boost its production growth.
BG's output raced ahead 10pc to the equivalent of 41m barrels of oil a day in the quarter to March. That can only increase its attractions. The shares bounced 73/4p to 3251/4p, valuing it at Pounds 11.4bn an eighth the size of Shell.See the full content of this document
Extract
Buoyant Bg Dispels New Bid Speculation
BG chief executive Frank Chapman says: 'There has been constant spe...
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