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Shell’s Move Could Prompt Wave of Energy Sector Mergers

LONDON—Royal Dutch Shell PLC’s scarcely $70 billion offer for Britain’s BG Group PLC might be a starting gun for a call of oil deals that analysts and bankers have been presaging given wanton prices started to unemployment in June.

“This could symbol a commencement of a MA rave, most like a one we saw in a late 1990s,” Augustin Eden, investigate researcher during Accendo Markets, pronounced in a note.

BG, with a marketplace top of about $46…

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