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15 Aug
01:00

BHP Billiton looks to simplify business, demerge assets

Iron ore producer BHP Billiton has signalled ahead of its FY 2014 preliminary profit announcement due next week that it is looking to offload part of its assets. The objective of this would be to simplify its portfolio and to more quickly improve the productivity and performance of its largest businesses, the company says. The Australian-based miner says in a statement monitored by Kallanish that “…it has been simplifying its portfolio for over …
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