Woodside Withdraws Proposal to Merge with Oil Search
Source: www.gulfoilandgas.com 12/8/2015, Location: Not categorized
Woodside has informed the Oil Search Board that it has withdrawn its proposal to merge the businesses. On 3 September 2015 Woodside provided Oil Search with a proposal to merge Woodside and Oil Search through a scheme of arrangement. Woodside is not pursuing any alternative transactions to combine the businesses.
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