Bhp Spins Off South 32 - CUPBLACKJACK.NETLIFY.APP

BHP spin-off South32 valued at $9.1 billion on listing.
South32 Demerger Implemented | BHP.
How BHP spin-off South32 did at its debut - CNBC.
BHP Spinoff South32 Hits Troubled Times as Commodities Sag -.
BHP spin-off South32 sees M&A opportunities.
Mining giant BHP to spin off South32 with modest debt - Yahoo.
BHP Billiton Ltd: What to do With the South32 Spin Off?.
South32: BHP Billiton reveals spin-off details - Yahoo!.
BHP spin-off South32 sees M&A opportunities - CNBC.
BHP Outlines Plan to Spin Off South32 - WSJ.
BHP pins hopes on spin-off South32 - MINING.COM.

BHP spin-off South32 valued at $9.1 billion on listing.

May 18, 2015, 12:55 AM. BHP Billiton's spin-off mining company South32 debuted on the Australian Securities Exchange on Monday at the lower end of expectations, valued at about Aus$11.3 billion. BHP Billiton has positioned its South32 spin-off for future growth, tipping in much less debt than expected to the new company made up of BHP's unloved assets when it lists in May..

South32 Demerger Implemented | BHP.

MELBOURNE (Reuters) - BHP Billiton plans to spin off its aluminium, manganese, nickel, silver and some coal assets into a company called South32 in May.... South Africa coal 6,6,21,23 103,12,42. If South32 had a P/S ratio of 1, this would equate to $1.73 (approx 115p) per BHP share. BHP has promised that South32 will have a strong balance sheet, so perhaps the market will be more generous and value it at its net asset value of approximately $11.3bn. Again, this is a little more than Anglo American, but significantly less than Rio and BHP.

How BHP spin-off South32 did at its debut - CNBC.

Sydney (AFP) – Mining giant BHP Billiton’s South32 spin-off said Thursday it would axe more than 1,750 jobs as part of sweeping cuts to deal with plunging commodity prices after a big half-year net loss. Forecasts on how much South32 will be valued at have dropped to between $5 billion and $10 billion since the spin-off was announced last year, as prices for its main products, including aluminium and manganese, have slumped. South32 will be the world's top manganese producer and Kerr said if the company thought it could boost prices by cutting output it would.

BHP Spinoff South32 Hits Troubled Times as Commodities Sag -.

BHP Billiton is pleased to announce that the implementation of the demerger of South32 from BHP Billiton was completed today. Shares in South32 Limited have been distributed to eligible BHP Billiton shareholders. The number of South32 ordinary shares on issue was 5,323,762,901 as at 25 May 2015. Holding statements will be dispatched to shareholders by early June 2015. Summary. BHP Billiton spins out its non-core assets as a standalone company. South32 will take over 22 of BHP's 41 assets, including mines and smelters focused on coal, manganese, aluminum and nickel.

BHP spin-off South32 sees M&A opportunities.

March 16, 2015, 7:41 PM The world's biggest miner BHP Billiton said Tuesday that its proposed spin-off South32 would start life with only modest net debt, allowing the new company room to expand. BHP pins hopes on spin-off South32 South32, the firm BHP Billiton (ASX, NYSE:BHP) will finish branching out by midyear, is set to get off on its right foot as the assets included in its portfolio. BHP Billiton (ASX:BHP) announced Monday it plans to name its Perth-based spin-off company South32, reflecting the new firm's focus on mining assets in Australia and South Africa. Sign Up for the.

Mining giant BHP to spin off South32 with modest debt - Yahoo.

BHP Billiton's spin-off South32 debuted near the bottom of expectations on Monday as investors awarded only a small premium to the new listing amid concerns about broad weakness in the resources. So BHP decided to break itself apart, basically reversing a good portion of the merger that created it. South32, as the spin off is known, is.

BHP Billiton Ltd: What to do With the South32 Spin Off?.

The South32 shares have since begun trading independently from BHP Billiton shares. Section 8 of the Shareholder Circular contains disclosure of the general tax consequences of the demerger for certain shareholders and ADS holders of BHP Billiton Limited that are tax resident in Australia, New Zealand, the UK or the US, and of BHP Billiton Plc. BHP spin-off South32 to test appetite for miners. MELBOURNE, May 17 (Reuters) - BHP Billiton (NYSE: BBL - news) 's spin-off of South32 debuts on Monday in what is set to be the biggest mining listing globally in four years and a test of whether investors are starting to see value in battered mining shares. Forecasts for South32's debut price range between A$2.00 and A$3.00 a share.

South32: BHP Billiton reveals spin-off details - Yahoo!.

Read in app. By Reuters. May 18, 2015. SYDNEY — South32, a spinoff of some of BHP Billiton’s mining assets, started trading here with a market value of nearly $9 billion on Monday, a third. South32 Annual Earnings were announced on 24th August. See how the BHP Billiton spin-off fared last year. See my estimates on the S32 dividend yield for next year.

BHP spin-off South32 sees M&A opportunities - CNBC.

By finance reporter Elysse Morgan. December 8, 2014, 2:56 PM. BHP Billiton has revealed the name and more details about the plan for its spin-off company. The new company will be named South32. BHP shareholders are expected to approve the spin-off, which includes some of the global miner's smaller assets, at meetings in Perth and London on Wednesday, paving the way toward a listing on.

BHP Outlines Plan to Spin Off South32 - WSJ.

BHP Billiton's (BLT.L) (BHP.AX) spin-off South32 (S32.L) (S32.AX) began trading with a market value of about $9 billion (6 billion pounds) on Monday, a third below the highest forecasts and.

BHP pins hopes on spin-off South32 - MINING.COM.

BHP Billiton's <BHP.AX><BLT.L> spin-off of South32 debuts on Monday in what is set to be the biggest mining listing globally in four years and a test of whether investors are starting to see value.