Source: www.reuters.com

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MELBOURNE (Reuters) - Shareholders in Woodside Petroleum on Thursday approved a merger with BHP Group’s petroleum arm to create a top 10 global independent oil and gas producer worth $40 billion, according to proxy votes shown at the company’s annual meeting.

More than 97% of proxy and direct votes received were in favour of the deal.

Reporting by Sonali Paul; Editing by Christopher Cushing