Woodside Petroleum Ltd (WPL.AX)
13 Dec 2017
Nov 14 Australian shares ended lower for a third straight day on Tuesday, as weak oil prices and an equity stake sale in Woodside Petroleum Ltd dampened sentiment.
Nov 14 Australian shares are set to open lower on Tuesday as commodity-related stocks are likely to be hurt by a weaker local currency and Royal Dutch Shell's said it would sell its entire stake in Woodside Petroleum Ltd . Royal Dutch Shell on Monday initially said it would sell 71.6 million shares in Australia's largest independent oil and gas company, but later upsized its sale to 111.8 million shares worth a total of $2.7 billion before tax proceeds.
LONDON/SYDNEY Royal Dutch Shell on Monday sold its entire stake in Australia's largest independent oil and gas company Woodside Petroleum Ltd for $2.7 billion as it pushes ahead with its vast disposal program.
* Shell now at $25 bln of $30 bln asset sale target (Recasts with full stake sale, adds analyst comment)
Nov 13 The following bids, mergers, acquisitions and disposals were reported by 1500 GMT on Monday:
* SHELL ENERGY HOLDINGS AUSTRALIA LIMITED HAS UPSIZED ITS PREVIOUSLY ANNOUNCED AGREEMENT TO SELL SHARES IN WOODSIDE PETROLEUM LIMITED
Nov 13 The following bids, mergers, acquisitions and disposals were reported by 1045 GMT on Monday:
Nov 13 Royal Dutch Shell said on Monday it was selling part of its stake in Woodside Petroleum Ltd to equity investors for about $1.7 billion.
* ANNOUNCES AN AGREEMENT TO SELL PART OF ITS STAKE IN WOODSIDE PETROLEUM LIMITED (WOODSIDE) TO EQUITY INVESTORS
* Q3 revenue down 7.5 pct on year; shares drop (Recasts with CEO Coleman interview, analyst comments)