Woodside Petroleum has made shareholders happy and perhaps made one big shareholder happy enough to say goodbye. Virgin Australia is celebrating what was probably an inevitable victory in winning approval for a controlling stake in Tiger Australia. Meanwhile, the Billabong International saga drags on, a company from Oman offers a premium for an ASX partner that's too good to pass up and there's some movement in the retail sector.
Woodside Petroleum, Royal Dutch Shell
Woodside Petroleum chief executive Peter Coleman could have radically changed the dynamics influencing major shareholder Royal Dutch Shell about whether to exit the register of its former takeover target.