News and analysis on global M&A and corporate financing strategies

Finance / United States

BG Gains More Marcellus Shale Acreage Through EXCO JV

May 2010 | Corporate Financing Analysis

UK-based BG Group announced on May 10 that it will pay US$950mn in total to create a new 50-50 joint venture (JV) with US independent EXCO Resources to develop EXCO's Appalachian Basin shale gas assets.

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