Original article by Matt Chambers
The Australian – Page: 19 & 30 : 9-Feb-18
Clarke Wilkins of Citigroup says BHP Billiton’s market valuation could rise if its dual-listed structure is abolished, although he adds that a number of factors would determine the extent of any such upside. Activist hedge fund Elliott Management has reignited the debate on BHPs dual listing, calling for an independent review of the costs and benefits of shifting to a primary listing in Australia. Brenton Saunders of BT Financial Group and Andrew Preston of Aberdeen Standard Investment support Elliott’s proposal.
BHP BILLITON LIMITED – ASX BHP, ELLIOTT MANAGEMENT CORPORATION, BT FINANCIAL GROUP PTY LTD, ABERDEEN STANDARD INVESTMENT, FTI CONSULTING INCORPORATED