Tuesday 19 April 2016

Exxon Mobil said to have abandoned £70 billion BP takeover deal - part 2

Wow - these "old" or "stale" deal stories are becoming quite fashionable.

Reuters has just unveiled an "exclusive" scoop revealing ChemChina made a multi-billion takeover approach for BG Group, which has just been bought by Royal Dutch Shell. Here is the link:

http://www.reuters.com/article/us-chemchina-bg-m-a-exclusive-idUSKCN0XG1UE

According to Reuters's seven (yes, seven) banking and industry sources, ChemChina approached BG Group's chairman Andrew Gould late last year with plans for a full cash bid.

Apparently, Gould thought ChemChina's approach was flaky so didn't bother presenting it to the BG Group board.

It's not clear what the point of this story is apart from dropping BG Group's former chairman in it (I'm pretty sure BG Group shareholders would have love to known about a rival bid).

I mean, it's not like ChemChina could return for BG Group as it's been sold to Royal Dutch Shell and a bid for the newly-merged £200 billion plus oil major would appear to be too much of a large mouthful for the ambitious ChemChina.

Still, for M&A watchers (like myself) looking for clues about the next potential deal the Reuters article is an interesting read and demonstrates ChemChina's huge ambitions...

16 comments:

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  2. Happiness, is what i have experience in my life since i contacted Dr happy for a love spell, over four month my wife broke up with me, I did everything possible to bring her back but all was in vain, I wanted her back so much because of the love I have for her, I begged her with everything, I made promises but she refused. I explained my problem to someone online and she suggested that I should contact a spell caster that could help me cast a spell to bring her back but I am the type that don't believed in spell, I had no choice than to try it, I meant a spell caster called Dr happy and I email him, and he told me there was no problem that everything will be okay before two days, that my wife will return to me before two days, he cast the spell and surprisingly in the second day, it was around 2pm. My wife called me, I was so surprised, I answered the call and all she said was that she was so sorry for everything that happened, that she wanted me to return to her, that she loves me so much. I was so happy and went to her, that was how we started living together happily again. Since then, I have made promise that anybody I know that have a relationship problem, I would be of help to such person by referring him or her to the only real and powerful spell caster who helped me with my own problem and who is different from all the fake ones out there. Anybody could need the help of the spell caster, his email: happylovespell2@gmail.com you can email him if you need his assistance in your relationship, marriage, divorce, break up, he can help.


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    1. Hi everyone! Getting your Ex back together after a break up or divorce is possible if you really want to make it happen!! My name is Tiffany Marie. from Odessa, TX.
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  14. After being in relationship with Sandra for seven years,I'm Andy by name.. I;m from Canada. My wife broke up with me, I did everything possible to bring her back but all was in vain, I wanted her back so much because of the love I have for her, I begged her with everything, I made promises but she refused. I explained my problem to someone online and she suggested that I should contact a spell caster that could help me cast a spell to bring her back but I am the type that don’t believed in spell, I had no choice than to try it, I meant a spell caster called (mothers help) and I email her (mothershelpsolutiontemple04@gmail.com) , and she told me there was no problem that everything will be okay before two days, that my ex will return to me before two days, she cast the spell and surprisingly in the second day, it was around 5pm. My ex called me, I was so surprised, I answered the call and all she said was that she was so sorry for everything that happened, that she wanted me to return to her, that she loves me so much. I was so happy and went to her, that was how we started living together happily again. Since then, I have made promise that anybody I know that have a relationship problem, I would be of help to such person by referring him or her to the only real and powerful spell caster who helped me with my own problem and. Anybody could need the help of the spell caster, her email: (mothershelpsolutiontemple04@gmail.com).. Thank you very much for your great work..

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