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Delivery to your home or office Monday to Saturday FT Weekend paper — a stimulating blend of news and lifestyle features ePaper access — the digital replica of the printed newspaper. Team or Enterprise Premium FT. Pay based on use. Does my organisation subscribe? Woodside plans to put the share issue to a vote in the second quarter of A big Woodside investor, Allan Gray Australia, has raised concerns about a deal, especially if it involved a massive share issue.
O'Neill played down concerns that many BHP investors who don't want fossil fuels or an Australian stock might dump the Woodside shares, saying there is already overlap among investors in the company and it would consider secondary listings in London and New York to help keep "high value" investors on board. The talks with Woodside come a week after environmental campaign group Market Forces tabled a proposal on behalf of about small investors that calls on BHP to wind down oil, gas and coal production in line with international targets to cut greenhouse gas emissions.
Those divestments would leave the company with only a handful of fossil fuels assets, a collection of mines in Queensland that supply coal to steelmakers.
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