Shell wins shareholder nod for BG Group takeover

Royal Dutch Shell has won shareholder approval to buy British energy firm, BG Group, the company said in a statement on Wednesday.

More than 83 percent of Shell shareholders voted in favor of the transaction, the company said. BG Group will hold a similar poll to check for its shareholders’ approval on Thursday, and, if cleared, the transaction will be completed on February 15.

Last month, Shell announced its plans to slash 2,800 jobs across the world as part of its restructuring plan related to the merger with BG Group.