IN BRIEF: Woodside receives Australian approval for BHP asset merger

Writer,

Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Woodside Petroleum Ltd - Perth, Australia-based oil and gas explorer - Receives regulatory approval from Australia's National Offshore Petroleum Titles Administrator for the acquisition of BHP Group Ltd's oil and gas assets. The only remaining condition for the merger is now approval from Woodside shareholders at the company's annual general meeting on Thursday. Completion is still targeted for June 1.

Current stock price: A$30.50

12-month change: up 35%

Copyright 2022 Alliance News Limited. All Rights Reserved.