Stock Groups

Woodside shareholders approve BHP petroleum merger

by Mike Robinson

[ad_1]

© Reuters. FILEPHOTO: A poster promoting Woodside Petroleum in Sydney (Australia), May 23rd, 2018, features the logo. REUTERS/David Gray/File Photo

MELBOURNE, Reuters – Woodside’s shareholders approved a merger of its petroleum division with BHP Group’s (NYSE:) to make a global top 10 independent oil and gas producer. The vote was based on proxy votes at the annual meeting.

The deal was supported by more than 97% percent of direct and proxy votes.

[ad_2]