Sydney Morning Herald | Oil Search rejects A$11.6bn Woodside bid Financial Times Oil Search has rejected an A$11.6bn (US$8.2bn) takeover bid by its Australian rival Woodside, saying the proposal was “highly opportunistic and grossly undervalues the company”, but indicated that it would consider other offers. Analysts said it was ... Oil Search rejects Woodside's $11.6b bid Oil Search knocks back Woodside all-scrip bid Oil Search rejects Woodside's advances but door still open |