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BHP, Woodside in talks for $20b global petroleum division – Sydney Morning Herald
A deal with Woodside would mark the most significant shake-up in years for BHP.
Credit Suisse oil and gas analyst Saul Kavonic has long-considered Woodside to be the most likely contender to buy BHPs petroleum assets.
BHP Petroleum simply no longer fits within BHPs portfolio or future-facing strategy, Mr Kavonic said on Monday.
After…
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