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Oil & gas mega-merger keeps stocks fizzing
[Reuters] - Global stocks remained upbeat on Wednesday as a $70 billion mega-deal in the European oil and gas sector stoked the merger and acquisition fever that has gripped investors this week. Shares in BG Group (BG.L) rose as much as 42 percent in early trade after Royal Dutch Shell (RDSa.L) agreed to pay that amount (47 billion pounds) for its smaller rival, making it the biggest deal in the sector in more than a decade. Germany was the main exception, where shares slipped after data showed that industrial orders surprisingly fell in February. In early trading Europe's EuroFirst 300 index of leading shares was up 0.3 percent at 1,617 points (.FTEU3).
http://us.rd.yahoo.com/finance/news...ews/japan-shares-test-15-highs-002105588.html
[Reuters] - Global stocks remained upbeat on Wednesday as a $70 billion mega-deal in the European oil and gas sector stoked the merger and acquisition fever that has gripped investors this week. Shares in BG Group (BG.L) rose as much as 42 percent in early trade after Royal Dutch Shell (RDSa.L) agreed to pay that amount (47 billion pounds) for its smaller rival, making it the biggest deal in the sector in more than a decade. Germany was the main exception, where shares slipped after data showed that industrial orders surprisingly fell in February. In early trading Europe's EuroFirst 300 index of leading shares was up 0.3 percent at 1,617 points (.FTEU3).
http://us.rd.yahoo.com/finance/news...ews/japan-shares-test-15-highs-002105588.html
