DataRoom AM: Woodside’s war chest

Woodside’s exit from the Leviathan project raises questions as to where its mammoth cash pile will be spent, while Aurora shareholders give the nod to a sweetened takeover offer.

The on-again, off-again entrance of Woodside Petroleum into Israel’s offshore gas sector is officially off, leaving questions as to what the WA firm will use its cash pile on -- a takeover perhaps?

Elsewhere, Aurora Oil and Gas falls into the hands of Baytex Energy, the dual-track sales process for Peters Ice Cream is progressing smoothly and Nathan Tinkler finds a way to fund his renewed appetite for coal.


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