im hear otherwise
Deutsche Bank Sells Hardman Shares To Investors-Source 01/12/05 17:32:00
MELBOURNE (Dow Jones)-- Woodside Petroleum Ltd.'s (WPL.AU) stake in Hardman
Resources Ltd. (HDR.AU) was bought by Deutsche Bank AG (DB) and has already been
sold to a "wide spread" of Australian investors, a source close to the
transaction said Thursday.
The shares were sold at A$1.76 each after Deutsche Bank bought Woodside's
10.24% stake in Hardman, the source said.
The person, who is familiar with the deal, wouldn't confirm whether Deutsche
Bank bought the stake for A$1.76 a share.
Deutsche Bank and Woodside have both declined to comment on the sale.
-By Matt Chambers, Dow Jones Newswires;
61-3-9614-2662; [email protected]
-Edited by Graham Morgan
HDR
hardman resources limited
