Trouble ahead for BG Group
ANY OF BG’s assets could be put on the block, its chief executive said yesterday, as the group unveiled poor results. Chris Finlayson said that the company “will keep all assets under review” but refused to comment on widespread speculation that the whole firm may become a takeover target. BG posted a fourth-quarter loss of $1.1bn (£670m) after taking a hit from its Egypt and US businesses. Full-year earnings plunged 33 per cent to $2.2bn (£1.3bn). Shares closed up, at 1,051.50p.