BHP Sells $1.6 Billion Stake

PetroChina Co., Asia’s biggest oil producer, agreed to pay BHP Billiton Ltd. $1.63 billion for its holding in Woodside Petroleum Ltd.’s proposed Browse liquefied natural gas project in Western Australia.
Liquidity and the Practice of Patience in Markets
27:25 - Tom Barrack, founder and chairman at Colony Capital, discusses the availability of liquidity in markets and the patience needed to invest in real estate and private equity. He speaks on "Bloomberg ‹GO›" (Source: Bloomberg)
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