Woodside and BHP petroleum merger looks inevitable

OPINION: There is an air of inevitability about the successful completion of the all-share merger between Woodside and BHP’s petroleum division which will create a company with an estimated market capitalisation in excess of A$60 billion (US$45 billion).

Completion of the merger is planned for 1 June 2022, assuming Woodside's shareholders vote in favour of the deal on 19 May.