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Stock Market News

Woodside shareholders approve BHP petroleum merger – proxy votes

05/19/2022

Less than a minute

2022.05.19 07:35

Woodside shareholders approve BHP petroleum merger - proxy votes
FILE PHOTO: The logo for Woodside Petroleum, Australia’s top independent oil and gas company, adorns a promotional poster on display at a briefing for investors in Sydney, Australia, May 23, 2018. REUTERS/David Gray/File Photo

MELBOURNE (Reuters) – Shareholders in Woodside (OTC:WOPEY) Petroleum on Thursday approved a merger with BHP Group (NYSE:BHP)’s petroleum arm to create a top 10 global independent oil and gas producer worth $40 billion, according to proxy votes shown at the company’s annual meeting.

More than 97% of proxy and direct votes received were in favour of the deal.

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05/19/2022

Less than a minute