Home Oil Search to reject $11.6b deal after Woodside talks canned
 

Keywords :   


Oil Search to reject $11.6b deal after Woodside talks canned

2015-09-13 23:26:35| Energy - Topix.net

Oil Search will formally reject a $11.6 billion takeover bid from Woodside after the Papua New Guinea-focused energy producer dramatically cancelled a scheduled meeting with its rival in Sydney on Sunday to discuss the deal. Woodside's chief executive and chairman, Peter Coleman and Michael Chaney, were due to travel to Sydney from Perth to meet with their equivalents at Oil Search, Peter Botten and Rick Lee, for the first talks since the approach was tabled on September 3. However, it emerged on Sunday afternoon the meeting had been canned despite both sides agreeing to a time and venue late last week.

Tags: search deal oil talks

Category:Energy and Environment

Latest from this category

All news

26.1146 4th year birthdayLive DVD
26.11 LCD
26.11gtk
26.111/28 B-24D LIBERATOR
26.11seventeen SPILL THE FEELS standard
26.11
26.11 21 12
26.11lululemon
Energy and Environment »
26.1146 4th year birthdayLive DVD
26.11 LCD
26.11gtk
26.111/28 B-24D LIBERATOR
26.11seventeen SPILL THE FEELS standard
26.11
26.11 21 12
26.11lululemon
More »