BHP Billiton has stepped up its tactical play against takeover quarry, Rio Tinto, indicating about 50 billion dollars worth of assets -including coal - could be unloaded following any merger of the two companies. BHPB chief Marius Kloppers acknowledged the asset sale possibilities following a petroleum sector briefing last week. Kloppers noted that asset sales followed the merger of BHP and Billiton, equal to about 15 percent of the portfolio of the merged business.
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