British shareholder advisory firm recommends voting for Shell-BG deal
LONDON (Reuters) - British shareholder advisory firm PIRC on Thursday recommended investors vote in favour of Royal Dutch Shell's (RDSa.L) $48 billion (33.33 billion pound) acquisition of BG Group (BG.L) later this month.
"The rationale for the proposed acquisition has been clearly disclosed and does not raise any concerns," PIRC said in a note to investors.
(Reporting by Ron Bousso; Editing by Mark Potter)