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By Sonali Paul
MELBOURNE, April 8 (Reuters) - Australian oil producer Woodside Petroleum Ltd's agreed merger with BHP Group's petroleum arm is in the best interest of its shareholders, an independent expert said, valuing the combined group at around $40 billion.
Global miner BHP agreed to hive off its petroleum business to Woodside last year in a nil-premium deal that will give BHP shareholders a 48% stake in the combined group and turning Woodside into a top 10 global independ...
>>> Read more: UPDATE 1-Woodside merger with BHP's petroleum arm to benefit investors - KPMG
By Sonali Paul
MELBOURNE, April 8 (Reuters) - Australian oil producer Woodside Petroleum Ltd's agreed merger with BHP Group's petroleum arm is in the best interest of its shareholders, an independent expert said, valuing the combined group at around $40 billion.
Global miner BHP agreed to hive off its petroleum business to Woodside last year in a nil-premium deal that will give BHP shareholders a 48% stake in the combined group and turning Woodside into a top 10 global independ...
>>> Read more: UPDATE 1-Woodside merger with BHP's petroleum arm to benefit investors - KPMG
