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BHP bows to pressure, to list spinoff in London

Zinc Publié le 16 octobre 2014
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Cecilia Jamasmie

News Markets Intelligence Careers Education Buyers Guide News Markets Buyer's Guide Advertise RSS Newsletter The Northern Miner MINING.COM Canadian Mining Journal Sign In Join Profile Sign out Copper Gold Lithium Nickel Commodities Iron Ore Rare Earth Coal Uranium Cobalt Diamond Zinc Platinum Palladium Silver Potash Suppliers Equipment TOP 50 USA Canada Australia Regions Africa China Latin America Europe Asia TNM Maps TNM Marco Polo Cecilia Jamasmie | October 16, 2014 | 10:35 am Base Metals Energy Precious Metals Top Companies Africa Australia Canada China Europe Aluminum Coal Copper Gold Iron Ore Nickel Potash Zinc Mining giant BHP Billiton (ASX, NYSE:BHP) (LON:BLT) has made a sharp U-turn on its initial decision to snub a London listing for its $15 billion spinoff of its less-favoured assets, bowing to pressure from European investors and the potential of a forced selling. Sign Up for the Copper Digest Sign Up In a statement Thursday, The Melbourne-based miner confirmed that it would pursue a standard listing for the as-yet-unnamed new company (“NewCo”) on London’s main stock exchange. “We are pleased to offer an additional listing in London in response to the interest investors have shown in the new company,...
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