I think you will find BHP was forced to sell down its stake in WPL because the Fed Labor gov't of the day wanted WPL to have a more diversified ownership. It probably had something to do with the John Elliot/Fosters/BHP ownership issue that was not resolved until 1992...
BHP may find value in swapping its Gulf of Mexico assets for Shell's share of Woodside, but in anycase it would still need to make a formal takeover of Woodside..
to be takenover by bhp, page-17
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Last
$25.34 |
Change
-0.530(2.05%) |
Mkt cap ! $48.11B | |||
| Open | High | Low | Value | Volume |
| $25.87 | $25.87 | $25.34 | $163.8M | 6.427M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 112614 | $25.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $25.40 | 41000 | 2 |
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| WDS (ASX) Chart |