Woodside should sell down assets: Credit Suisse

THE will-they-won't-they Woodside takeover saga continued yesterday, with Credit Suisse analyst Sandra McCullagh suggesting Woodside should buy Shell's remaining stake in the company.

08 April 2011
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However, she noted that as Woodside didn't have the $9 billion to buy Shell's stake, an asset-for-equity swap would be a better fit.

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