Beijing on the evening of 19, according to the bank and industry sources, China chemical group had at the end of last year a takeover approach to British Gas Group (BG), then the latter is nearing completion and Holland Shell group $52 billion worth of deals.

According to two sources close relationship with China chemical said the company had hired HSBC for the acquisition of consultants, in December last year to send a delegation to the British approached BG chairman Andrew – Gould (Andrew Gould), and plans to put a full cash offer.

Shell and HSBC declined to comment for this story. Last April, Shell announced the acquisition of BG, which is nearly ten years, the global energy industry’s biggest mergers and acquisitions. 1 at the end of this year, the deal was both shareholders and antitrust approval, and finally completed in February, Shell became the world’s largest liquefied natural gas producers and major deep-water oil producer.

In February this year, China chemical announced will be $43 billion acquisition of Swiss agricultural giant Syngenta, as mergers and acquisitions advisory for the company is hsbc.