I suppose that wouldn't be a bad idea. BHP disposes of it's Fossil fuel assets, Woodside already in the business so no impact on their investors and no need to generate a new company as per the case of a normal demerger. BHP shareholders get some Woodside shares which they can sell if they believe that not owning these type of shares will lower the use of fossil fuels. I suppose it all depends on the sell price.
Woodside in talks to buy $20b BHP Oil, Gas Assets., page-2
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Last
$43.32 |
Change
0.890(2.10%) |
Mkt cap ! $219.6B | |||
| Open | High | Low | Value | Volume |
| $42.62 | $43.35 | $42.58 | $335.8M | 7.789M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13 | $43.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.33 | 1125 | 1 |
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| BHP (ASX) Chart |