Australia says changes to BHP Billiton corporate structure must fit national interest

April 11, 2017

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Any significant changes to the corporate structure of Anglo-Australian miner BHP Billiton would need to be consistent with a “national interest” test under the law, the Australian government said on Tuesday.

Activist shareholder Elliott Advisors on Monday proposed BHP Billiton scrap its dual-company structure in favour of a primary listing in London and a secondary listing in Sydney.

Category: General