MARKETS

Woodside's bargaining power questioned by analysts, shareholders

AS Woodside barrels into its A$41 billion all-scrip merger with BHP's petroleum division announced Tuesday, analysts and shareholders are raising concerns over the power balance between the two companies, especially that the deal may be disadvantageous for Woodside shareholders.

Mark Tilly, Helen Clark

Questions abound in sprawling deal

Questions abound in sprawling deal

Woodside will issue its own bodyweight in new stock and its existing shareholders get the larger stake of the merged entity. Production will double as a result. The overall split works out of 52-48 to...

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