BHP Billiton CEO Andrew Mackenzie said on Monday he has not met with activist hedge fund Elliott Management since their talks in Barcelona last month and declined to comment on whether another meeting was scheduled.
Elliott, a New York-based fund that has built up a 4.1% stake in BHP, is pushing a three-point plan to collapse the company’s dual-listed structure, spin off its oil and gas assets in the United States, and boost returns to shareholders – all of which BHP has rejected.
