Royal Dutch Shell Plc  .com Rotating Header Image

Woodside May Seek Up to A$3 Bln From Rights Issue, Review Says

BLOOMBERG.COM

By Tim Smith

Dec. 14 (Bloomberg) — Woodside Petroleum Ltd. plans to seek as much as A$3 billion ($2.7 billion) from a rights issue as early as today to fund its liquefied natural gas expansion plans, the Australian Financial Review reported, citing sources.

Royal Dutch Shell Plc, which owns 34 percent of Woodside, plans to support the offer, which is expected to be handled by Citigroup Inc., UBS AG and Credit Suisse Group AG, the newspaper said.

To contact the reporter on this story: Tim Smith in Sydney at [email protected]

Last Updated: December 13, 2009 14:12 EST

SOURCE ARTICLE

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

0 Comments on “Woodside May Seek Up to A$3 Bln From Rights Issue, Review Says”

Leave a Comment

%d bloggers like this: