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BHP rejects US demerger calls

Activist shareholder proposed oil spin-off, but BHP board says it does not make sense.

Haydn Black
BHP rejects US demerger calls

The fund, which owns 4.1% of London-listed BHP Billiton Plc, sent a letter to BHP's board yesterday saying its plan, which comes several years after the spin-out of BHP's non-core assets as ASX-listed...

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