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BHP rejects activist fund Elliott urge to spin off US oil assets

Cecilia Jamasmie | April 10, 2017 | 3:22 am Base Metals Energy Top Companies Australia Europe Coal Copper Iron Ore 

BHP Billiton (ASX: BHP) (LON:BLT), the world’s largest mining company, has rejected a push by activist investor Elliott Management to unlock shareholder value by spinning off about $22 billion of its US oil assets and list them in New York....

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