BHP merger approval

Written by  John McKay
Thursday, 19 May 2022
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May 19 (LNGJ) - Woodside shareholders voted to approve the proposed merger with the petroleum business of Anglo-Australian commodities group BHP at the AGM in Perth in Western Australia on May 19 where 98.66 percent of the votes submitted were in favour of the transaction. “Woodside expects completion of the Merger to occur on 1 June 2022. The new Woodside shares to be issued to or for the benefit of BHP shareholders are expected to commence trading on the Australian Securities Exchange on 2 June 2022,” said Woodside. 

   “Trading of Woodside American Depositary Shares on the New York Stock Exchange is expected to commence on 2 June 2022. Trading of Woodside shares on the main market for listed securities of the London Stock Exchange is expected to commence on 6 June 2022,” added the Perth-based company.

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