Britain’s biggest company says cost savings of takeover will be $4.5bn, up from an earlier estimate of $3.5bn
Shell added $1bn (£690m) to its estimate of gains from the takeover of BG Group as it set out a plan to support its dividend in an era of low oil prices.
In a presentation to investors the Anglo-Dutch company said it expected cost savings from the £35bn takeover of BG to be $4.5bn, up from an earlier estimate of $3.5bn. The deal, completed in February, was the biggest in the energy sector for a decade.
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