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Woodside cements place on ASX
Global law firm King & Wood Mallesons has advised Woodside Energy Group on its merger with BHP’s oil and gas business and resulting listing on the Australian Securities Exchange (ASX).
Emma Musgrave
Firm: King & Wood Mallesons (Woodside Energy Group)
Value: Undisclosed
Area: M&A
Key players: The cross-practice KWM team was led by M&A partners Heath Lewis and David Friedlander, projects partner Alan Murray, technology partner Bryony Evans, competition partners Caroline Coops and Simon Cooke, and employment partner Ruth Rosedale, with support from Caitlin Sharp, Jessica Zuiderwijk, Gemma McMahon, Caroline Andretich, Helena Kanton and Jaspreet Nagra.
Meanwhile, Greg Stonefield, Joe Newitt and Lauren Belmonte from KWM London led the legal advisory team that delivered Woodside’s listing on the London Stock Exchange.
Deal significance: According to a statement from King & Wood Mallesons, this transaction sees Woodside become the largest energy company listed on the ASX.
“King & Wood Mallesons has helped Woodside Energy Group to take its place among the global top 10 independent energy producers, with the successful completion of its merger with BHP’s oil and gas business,” a statement from the firm said.
“… The larger, more diversified portfolio is expected to deliver significant cash flow to help fund committed and growth projects, Woodside’s participation in the energy transition and shareholder returns.”
Commenting further, King & Wood Mallesons M&A partner Heath Lewis said: “We are delighted to have been part of this landmark merger which will enable Woodside to advance significant projects around the world and pursue its strategic initiatives.
“It is an exciting time for Woodside, and we take great pride in having provided an all-of-firm legal solution in support of the Woodside team on this multi-faceted and unique transaction.”
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
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