Woodside divests oil search shareholding
Posted: 9 July 2003
Woodside Petroleum Ltd. advises that its wholly owned subsidiary,
Woodside Holdings Pty Ltd, has sold its shareholding in Oil Search
Ltd.
The 74,914,500 shares, representing approximately 6.7% of Oil Search's
ordinary shares, were sold through an institutional book build on
Tuesday, 8 July 2003 at a price of A$0.83 per share equating to
a total gross consideration of $62.2 million.
For more information see http://www.woodside.com.au/.
Posted by Richard Price,
Editor Pipeline Magazine
Information supplied by companies
or PR agencies who are responsible for content. Send press releases
to info@pipelinedubai.com |
