The global metals and mining giant BHP Billiton Ltd. (NYSE: BBL) is looking to simplify its portfolio of mining assets by spinning off a portion of its business into a separate entity.
BBL stock was down 5.4% when markets opened this morning.
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
The global metals and mining giant BHP Billiton Ltd. (NYSE: BBL) is looking to simplify its portfolio of mining assets by spinning off a portion of its business into a separate entity.
BBL stock was down 5.4% when markets opened this morning.
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
The global metals and mining giant BHP Billiton Ltd. (NYSE: BBL) is looking to simplify its portfolio of mining assets by spinning off a portion of its business into a separate entity.
BBL stock was down 5.4% when markets opened this morning.
Here's what the company plans to do with this demerger...