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BHP, Healthscope, Rio, Sundance, TPG, Woodside: Australian Stock Preview

The following is a list of companies whose shares may rise or fall in Australia. This preview includes news announced after markets closed July 16. All prices are from that day’s close unless otherwise stated.

The S&P/ASX 200 Index futures contract due in September declined 1.8 percent to 4,327 as of 6:59 a.m. in Sydney. The Bank of New York Australia ADR Index dropped 3.5 percent. The S&P/ASX 200 Index fell 0.5 percent to 4,422.70.

Mining shares: Copper futures for September delivery fell 2.7 percent to $2.9295 a pound in New York.

BHP Billiton (BHP AU), the world’s largest mining company, gained 0.1 percent to A$38.15 in Sydney. Its American depositary receipts decreased 2.9 percent in New York trading.

Rio Tinto Group (RIO AU), the world’s third-largest mining company, dropped 1.3 percent to A$65.87 in Sydney.

Oil companies: Crude oil for August delivery slipped 0.8 percent to settle at $76.01 a barrel on the New York Mercantile Exchange.

Woodside Petroleum Ltd. (WPL AU), Australia’s second- largest oil and gas producer, dropped 0.7 percent to A$42.54. Rival Santos Ltd. (STO AU) fell 0.9 percent to A$13.65.

Gold producers: Gold futures for August delivery fell 1.7 percent to $1,188.20 in New York.

Newcrest Mining Ltd. (NCM AU), Australia’s biggest gold producer declined 2.1 percent to A$34.30.

Healthscope Ltd. (HSP AU): A group including Carlyle Group and TPG Capital will be named the preferred private-equity bidder for Healthscope, the Australian hospital operator that received takeover offers of A$1.8 billion ($1.56 billion) in May, three people familiar with the matter said. The offer, which is expected to be announced today, values Healthscope shares at A$6.26 and includes more than A$700 million of debt, the Australia Financial Review reported, without saying where it got the information. Australia’s second-largest hospital operator declined 0.2 percent to A$5.40.

Sundance Resources Ltd. (SDL AU): The iron-ore exploration company said July 16 its shares will resume trading on the Australian stock exchange today and that it has a strong board and executive management team in place following a plane crash last month in which executives and board members including Ken Talbot were killed. It last traded on June 18, closing at 13 Australian cents.

TPG Telecom Ltd. (TPM AU) and Amcom Telecommunications Ltd. (AMM AU): Internet services provider TPG Telecom lodged a bid for AAPT, a unit of Telecom Corp. of New Zealand Ltd., the Australian Financial Review reported, without saying where it got the information. Telecom NZ, which is seeking as much as A$400 million for the unit, may take a week before it decides on the bid, the newspaper said. Amcom, owner of fiber-optic networks serving three Australian state capitals, may also bid for AAPT, according to the Review. TPG Telecom rose 0.6 percent to A$1.81. Amcom increased 1.7 percent to 30 Australian cents.

To contact the reporters for this story: Lisa Pham in Sydney at lpham14@bloomberg.net. Shani Raja in Sydney at sraja4@bloomberg.net.

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