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IN BRIEF: Woodside receives Australian approval for BHP asset merger

ALN

Woodside Petroleum Ltd - Perth, Australia-based oil and gas explorer - Receives regulatory approval from Australia's National Offshore Petroleum Titles Administrator for the acquisition of BHP Group Ltd's oil and gas assets. The only remaining condition for the merger is now approval from Woodside shareholders at the company's annual general meeting on Thursday. Completion is still targeted for June 1.

Current stock price: A$30.50

12-month change: up 35%

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