23 April 2024
Woodside board turns down Shell’s takeover bid but shareholders will consider it
Publication date: 29 November 2000
Gas Strategies Group
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ISSN: 0964-8496
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In the latest manoeuvre of an ongoing dalliance between the two companies, the board of Woodside Petroleum has initially rejected as inadequate Shell's most recent proposal to increase its stake in the Australian company from 34.3% to 56%.