Deutsche Bank has cut the valuation of BHP Billiton’s spin-off company South32 by $US2 billion.
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BHP Billiton reveals details of South32 demerger
It will cost BHP Billiton $US738 million to spin-off its non-core assets into new company South32, but it assures that shareholders will be better off as a result of the deal.
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BHP Billiton posts record iron ore, coal production results
BHP Billiton produced 16 per cent more iron ore in the December 2014 half year to post a new record.
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South32 to make Perth its home
BHP Billiton’s proposed spin-off company South32 has signed a ten-year lease in a Perth office building.
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BHP Billiton calls its new company South32
South32 is the name BHP Billiton has chosen to call its new company.
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