Holland & Knight Advises on $43 Billion Australian Energy Merger Between BHP Group and Woodside Petroleum
MONTERREY, MEXICO (July 13, 2022) – Holland & Knight advised BHP Group on certain U.S. corporate governance matters in its recent merger with Woodside Petroleum Ltd., a transaction valued at approximately AU$60 billion (US$43 billion). Woodside, which is based in Perth, Australia, acquired the entire share capital of BHP Petroleum International Pty Ltd. in exchange for new Woodside shares. The transaction closed on June 1.
Headquartered in Melbourne, Australia, BHP also has offices in London, China, the Philippines, Japan, South America, India, Canada and the U.S., among other locations. The merger created a global top 10 independent energy company by production and the largest energy company listed on the Australian Securities Exchange.
The Holland & Knight corporate team advising BHP Group was led by Senior Counsel Alejandro A. Sánchez Mújica, with assistance from Of Counsel Alejandro F. Sánchez Mújica, Partner Michael Titens, Senior Counsel Jose Luis Villarreal and Associates David Rascoe and Maria Valenzuela.