Original article by Paul Garvey
The Australian – Page: 17 & 22 : 11-Apr-17

BHP Billiton has rejected a restructuring proposal that has been put forward by US-based hedge fund Elliott Management, arguing that any potential benefits would be exceeded by the costs and risks associated with the plan. Elliott says BHP should abandon its dual-listed structure and demerge its US petroleum assets into a separately-listed company. Elliott believes that the restructuring proposal could boost the value of BHP shares by around 50 per cent.

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