Original article by Peter KerJames Thomson
The Australian Financial Review – Page: 13 & 18 : 17-Jul-17
Representatives of Elliott Management have met with BHP Billiton’s institutional shareholders in Australia, as the activist US hedge fund continues to push for a restructuring of the resources group. Australian Foundation Investment Company MD Ross Barker notes that Elliott has drawn attention to BHP’s long-term underperformance, while Matthew Haupt of Wilson Asset Management has welcomed the "constructive debate" on the best use of BHP’s funds. Barker adds that AFIC supports abolishing BHP’s dual-listing structure and the sale of the group’s US shale assets.
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