Hedge fun Elliott Management is pressuring BHP Billiton to abandon its dual listing in Australia and the UK, as well as spinning off its US petroleum business to list on the New York stock exchange, it has been reported. 130 more words
Tags » BHP Billiton
A few items of miscellaneous news worthy of comment:
- Investor Alexander Anton has launched a campaign to have Chairman Roger Canham removed from the board of… 493 more words
The hedge fund, Elliot, holds 4.1 per cent of shares in BHP Billiton’s UK-listed stock and is now pressuring the company to abandon its dual listing in Australia and the UK, as well as spinning off its US petroleum business to list on the New York Stock Exchange. 307 more words
Cyclone Debbie has wreaked havoc on the communities of North Queensland and mining companies are counting the costs alongside communities in the process of cleaning up. 277 more words
The world’s biggest mining company BHP Billiton has said it could invest as much as $25 billion in Australia’s economy over the next decade.
Potential expansion projects include the Caval Ridge coking coal mine in Queensland and South Australia’s Olympic Dam copper mine. 116 more words