Why BHP Is Reconsidering London Listing of Spinoff

Why BHP Is Reconsidering London Listing of Spinoff

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Business

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The transcript discusses BHP's spinoff of non-core assets, including silver, nickel, lead, and aluminium, which could be valued up to $15 billion. BHP executives are meeting with potential investors in London, where interest is high. BHP Chairman Jack Matter has expressed satisfaction with the support for the demerger. Although initially considering Sydney and Johannesburg for listing, a London listing is now being studied. An update is expected in November, with the spinoff anticipated to be available in early 2015.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Which locations were initially considered for the listing of the new stock?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

When can we expect the BHP spinoff to become available?

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