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Hedge fund wants to unify BHP's corporate structure, split off US oil - Reuters
Reuters | Hedge fund wants to unify BHP's corporate structure, split off US oil Reuters SYDNEY Hedge fund manager Elliott Advisors said on Monday it had sent a letter to BHP Billiton directors outlining a plan to unlock value by scrapping the mining giant's dual- corporate structure, demerging its oil business and rejigging its capital ... BHP Urged by Elliott to Spin Off U.S. Oil Unit in Overhaul BHP Billiton Urged by Activist Investor to Shed US Oil Operations BHP tops FTSE as Elliott urges oil spin-off |
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