Woodside faces opposition on share sale

By Angela Macdonald-Smith
Updated August 1 2014 - 7:13am, first published July 31 2014 - 5:52am

Woodside Petroleum's proposed $US2.68 billion buyback of shares from Royal Dutch Shell is on a knife edge as evidence grows that large super funds are prepared to join fringe investors and vote against the proposal rather than sacrifice good corporate governance principles.

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