WDS 1.85% $24.93 woodside energy group ltd

Ann: BHP: Response to press speculation on BHP Petroleum business, page-182

  1. 647 Posts.
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    I think the price is too high to buy BHP assets
    The 889,458,461 shares they will be given X $20.73 = $18.438473896B

    A German bank valued BHP petroleum@$12.8b

    So we are paying 30% too much

    There is no premium to WPL shareholders when BHP wants to off load these assets for ESG concerns.

    This deal is very good for BHP!
 
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