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Shell shareholders approve $49B BG takeover

Shareholders of Royal Dutch Shell approved the company's $49 billion takeover of smaller rival BG Group at a special stakeholder meeting in The Hague on Wednesday.


The Royal Dutch Shell logo
Chris Ratcliffe | Bloomberg | Getty Images
The Royal Dutch Shell logo

As many as 83.08 percent of shareholders voted in favor of the deal, one of the largest in the energy sector in the past decade.

A total of 16.92 percent of shareholders opposed the deal. Shell needed a majority of positive shareholder votes to seal the deal. Follow CNBC International on Twitter and Facebook.