Search results
Results from the WOW.Com Content Network
BHP later replaced Burmah, and with Shell, each became a 40% shareholder in Woodside in 1985. [7] BHP reduced its shareholding to 10% in July 1990. [8] In October 1994, BHP sold its remaining shares while Shell sold down to 34%. [9] In 1995, Woodside moved its head office from Melbourne to Perth. [10]
MELBOURNE (Reuters) -Shares in BHP Group and Woodside Petroleum fell on Wednesday as investors on both sides raised questions about the value of the Perth-based oil and gas group's proposed $29 ...
For premium support please call: 800-290-4726 more ways to reach us
BHP Billiton (West Australian Iron Ore Assets) Rio Tinto (West Australian Iron Ore Assets) 116.0 164.7 Mining giants Rio Tinto and BHP Billiton abandoned a controversial merger of their Australian iron ore operations after anti-competition complaints from regulators and top customers including China. [441] 12 1999 MCI WorldCom: Sprint: 111.0 203
BHP Billiton was formed in 2001 through the merger of the Australian Broken Hill Proprietary Company Limited (BHP) and the Anglo–Dutch Billiton plc trading on both the Australian and London Stock Exchanges as a dual-listed company. In 2015, some BHP Billiton assets were demerged and rebranded as South32, while a scaled-down BHP Billiton ...
SYDNEY -- BHP Billiton (ASX: BHP.AX) has announced that it will write down the carrying value of its shale gas assets acquired from Chesapeake Energy in February 2011 by $2.8 billion. Of course ...
In mergers and acquisitions, a mandatory offer, also called a mandatory bid in some jurisdictions, is an offer made by one company (the "acquiring company" or "bidder") to purchase some or all outstanding shares of another company (the "target"), as required by securities laws and regulations or stock exchange rules governing corporate takeovers.
OZ Minerals was formed on 1 July 2008 when Oxiana and Zinifex merged. [2] [3]In February 2009 a takeover offer by China Minmetals was recommenced for acceptance by Oz Mineral's board of directors. [4]