Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In August, BHP Group Ltd. said it would combine its oil-and-gas business with Australia's Woodside Petroleum Ltd. in an all-stock deal, adding that it would

In August, BHP Group Ltd. said it would combine its oil-and-gas business with Australia's Woodside Petroleum Ltd. in an all-stock deal, adding that it would end its dual listing in London. BHP on Tuesday also approved a $5.7 billion project to mine potash in Canada, as it adjusts to the prospect of a lower-carbon world, where old profit drivers such as petroleum and thermal coal are less appealing.

So, What is the strategic rationale for combining BHP's oil and gas business with Woodside? Why do you think BHP has decided to end its dual-listing in London? What were other important aspects of BHP's recent annual earnings announcement? Please discuss.

Step by Step Solution

3.47 Rating (150 Votes )

There are 3 Steps involved in it

Step: 1

a BHP CEO Mike Henry said the BHP petrol and Woodside business is better when combined and will crea... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Marketing management

Authors: Philip Kotler, Kevin Lane Keller

14th Edition

9780273753360, 132102927, 273753363, 978-0132102926

More Books

Students also viewed these Marketing questions

Question

What is the effect of word war second?

Answered: 1 week ago