09.04.2015 - BlackRock, Norway’s Wealth Fund to Gain From Shell’s BG Deal
BlackRock Inc. and Norway’s sovereign wealth fund are poised to cash in after Royal Dutch Shell Plc agreed to buy BG Group Plc in the largest oil and gas deal in more than a decade. BlackRock, the world’s largest asset manager, owns 257 million shares or about 7.5 percent of BG Group, according to data compiled by Bloomberg from a filing on March 19, 2014. Norges Bank Investment Management, Norway’s sovereign fund, owns about 5 percent of BG, figures compiled by Bloomberg show...............................................Full Article: Source
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