tom elliot says
"Its entirely possible and would present less difficulty than a merger with Rio Tinto because of its oil and gas focus. The government would love a tie-up between the two because it would be able to present BHP as a national champion and it doesnt have any major foreign investment issues. Alternatively, BHP could just buy Shells stake and use that as a sort of bargaining chip. It would have to be one or the other, though; there is no way BHP could acquire both Rio Tinto and Woodside. Anything that happens would not be imminent; whats far more urgent and important is getting this joint venture sorted out with Rio Tinto. Thats the number one priority night now."
to be takenover by bhp, page-29
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