Woodside just brought out an announcement regarding recent media speculation on potential Woodside acquisitions. It sounds like Hardman would fit the bill quite nicely, but not judging by the shareprice today!
Anyone know what media they're referring to?
Announcement below......
In response to recent media speculation, Woodside confirms that it continues to investigate opportunities consistent with its previously announced international growth strategy.
This strategy includes potential mergers and acquisitions in key growth areas outside Australia.
Woodside has screened a number of potential opportunities that might provide a platform for achieving long-term growth consistent with top quartile total shareholder returns.
If any opportunity progresses to the stage where a proposal is developed and approved and any necessary negotiations are complete, an immediate announcement will be made.
Speculation that Woodside's actions are intended to have a negative impact on the good relationship that exists between Woodside and Shell is incorrect.
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Woodside just brought out an announcement regarding recent media...
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