Original article by Peter Ker, James Thomson
The Australian Financial Review – Page: 13 & 18 : 25-Nov-19
BHP chairman Ken MacKenzie has stressed the importance of engaging with activist investors in a professional manner, rather than taking a defensive stance. He adds that an activist investor will usually be well prepared before they make contact with a company that they are targeting, and they will almost certainly already be a shareholder. US-based activist hedge fund Elliott Management remains on BHP’s share register several years after its unsuccessful campaign for a restructuring of the resources giant. MacKenzie has described Elliott as "a terrific shareholder".
BHP GROUP LIMITED – ASX BHP, ELLIOTT MANAGEMENT CORPORATION, TRIBECA INVESTMENT PARTNERS PTY LTD