Original article by Paul Garvey
The Australian – Page: 19 & 32 : 13-Apr-17

BHP Billiton CEO Andrew Mackenzie says the resources group has examined the restructuring proposals put forward by Elliott Management and concluded that they do not make economic sense and are not in the interests of shareholders. BHP argues that scrapping the dual listing would be costly and would have no significant benefits, while it would be unlikely to gain regulatory approval in Australia. Mackenzie also says BHP has concluded that its mining and petroleum businesses are stronger as a single entity.

CORPORATES
BHP BILLITON LIMITED – ASX BHP, ELLIOTT MANAGEMENT CORPORATION, MORGANS FINANCIAL LIMITED, AUSTRALIA. FOREIGN INVESTMENT REVIEW BOARD, AUSTRALIA. DEPT OF THE TREASURY