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BG says European Commission signs off on Shell bid

Reuters - UK Focus

Sept 2 (Reuters) - BG Group Plc (LSE: BG.L - news) said the European Union's antitrust regulators had approved Royal Dutch Shell (Xetra: R6C1.DE - news) Plc's $70 billion takeover bid for the oil and gas producer.

The company said the unconditional clearance from the European Commission was the second of five global regulatory approvals required.

Shell (LSE: RDSB.L - news) 's takeover offer was announced on April 7.

(Reporting by Esha Vaish in Bengaluru; Editing by Sriraj Kalluvila)