BHP Billiton, the world’s most valuable miner, is to break itself up via a stock market spin-off, signalling an end to years of deals and expansion driven by the commodities boom.
Heeding investor calls for resources groups to improve returns amid weaker commodities markets, BHP set out plans to improve its performance by demerging its less profitable mines and processing plants.
The spin-off of a new company, with an estimated value of about $13bn, will unwind a large part of the 2001 merger between BHP and Billiton, a landmark mining deal that heralded more tie-ups in the sector and years of China-led growth in commodities markets.
您已閱讀24%（639字），剩余76%（2035字）包含更多重要信息，訂閱以繼續探索完整內容，并享受更多專屬服務。