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
This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.