Normal
A merger with STO is still under evaluation. Comment from the CEO in today's quarterly announcement:“Woodside confirmed in December that it was in discussions regarding a potential merger with Santos Ltd. The talks are still at an early stage and there is no certainty that the transaction will progress. Woodside will be disciplined, conduct thorough due diligence, and will only pursue a transaction that is value-accretive for shareholders.“As we complete our first full reporting year after the merger with BHP Petroleum, we are pleased with the results of our strong combined portfolio,”The second point is interesting. Is she saying they are happy with WDS as it is, or that the BHP merger went well so an STO merger might too?
A merger with STO is still under evaluation.
Comment from the CEO in today's quarterly announcement:
“Woodside confirmed in December that it was in discussions regarding a potential merger with Santos Ltd. The talks are still at an early stage and there is no certainty that the transaction will progress. Woodside will be disciplined, conduct thorough due diligence, and will only pursue a transaction that is value-accretive for shareholders.
“As we complete our first full reporting year after the merger with BHP Petroleum, we are pleased with the results of our strong combined portfolio,”
The second point is interesting. Is she saying they are happy with WDS as it is, or that the BHP merger went well so an STO merger might too?
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