Original article by Perry Williams
The Australian Financial Review – Page: 17 & 23 : 10-Sep-15

Shares in Woodside Petroleum rose by 0.81 per cent to $A29.90 on 9 September 2015. Takeover target Oil Search was down 0.63 per cent at $A7.85, which is the implied bid price based on the offer of one Woodside share for every four Oil Search shares. Oil Search directors are likely to meet shortly to discuss the bid, but they are unlikely to grant Woodside’s request for exclusivity in merger talks. Neil Beveridge of Bernstein says ExxonMobil could also be a potential bidder for Oil Search.

CORPORATES
WOODSIDE PETROLEUM LIMITED – ASX WPL, OIL SEARCH LIMITED – ASX OSH, EXXONMOBIL CORPORATION, BERNSTEIN AND ASSOCIATES, PAPUA NEW GUINEA. OFFICE OF THE PRIME MINISTER, MACQUARIE GROUP LIMITED – ASX MQG, DEUTSCHE BANK AG