Thursday, March 8, 2018

UPDATE: Shell, Blackstone Reportedly Eyeing $10 Billion Bid For BHP US Shale Assets

Royal Dutch Shell Plc (NYSE: RDS.A) and U.S. private equity firm Blackstone Group LP are working on a joint $10 billion bid for BHP Billiton Ltd.'s (NYSE: BHP) U.S. shale assets, Sky News said on March 8. Shell and Blackstone's offer will only be one of several credible proposals that BHP will receive for its U.S. shale operations, Sky News said, citing banking sources. BHP, Shell and Blackstone declined to comment.
Source: Daily Dose of News

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