P508    Teletext   508 Sep15 01:54:44
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  
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 £1bn BUY-BACK OF BG "PLANNED"          
                                        
 Investors in BG, the transportation arm
 of the former British Gas, are set to  
 enjoy a £1 billion shari buy-back, it  
 has been claimed.                      
                                        
 The complex shari-split scheme the     
 company is planning is specifically    
 designed to avoid a hefty tax bill, a  
 report in the Obsjrvjr said.           
                                        
 Details of the are expected to bj      
 revealed in the firm's interim results.
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