NEW YORK (TheStreet) -- Royal Dutch Shell (RDS.A) stock is advancing 1.38% to $41.82 in afternoon trading on Wednesday after shareholders approved the acquisition of natural gas company BG Group (BRGYY).

Shares of BG are increasing 2.54% to $14.55 this afternoon.

Shell, a Netherland's-based oil and gas company, agreed to acquire BG in April 2015 in a transaction valued at $50 billion, according to Reuters.

The deal could benefit many shareholders, since 40% of them also own BG shares, but many investors were concerned that Shell's offer overvalues BG, Reuters added.

BG shareholders will vote on the deal on Thursday. If they agree to the terms, the acquisition could be completed by February 15.

Separately, Shell has a "hold" rating and a letter grade of C at TheStreet Ratings because of the company's solid financial position, deteriorating net income, disappointing return on equity and poor profit margins.

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You can view the full analysis from the report here: RDS.A

TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author. 

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