{"id":57444,"date":"2017-04-10T07:46:42","date_gmt":"2017-04-10T11:46:42","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=57444"},"modified":"2017-04-10T07:46:42","modified_gmt":"2017-04-10T11:46:42","slug":"bhp-urged-by-elliott-to-unify-structure-separate-petroleum","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2017\/bhp-urged-by-elliott-to-unify-structure-separate-petroleum.html","title":{"rendered":"BHP Urged by Elliott to Unify Structure, Separate Petroleum"},"content":{"rendered":"<p>\n(Bloomberg) BHP Billiton is being targeted for an overhaul by sometimes-activist Elliott Management Corp., which is urging the world\u2019s biggest mining company to unify its corporate structure, spin off more assets and improve capital returns.<\/p>\n<p>The resources giant, which has two separate legal entities listed in Sydney and London that are run as one group, should unify into a single Australian-headquartered company, Elliott said in a press release Monday. The New York-based hedge fund is also urging BHP to seek a demerger of its U.S. petroleum business, which Elliott said is worth about $22 billion. <\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-04-10\/bhp-urged-by-elliott-to-unify-structure-separate-u-s-petroleum\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) BHP Billiton is being targeted for an overhaul by sometimes-activist Elliott Management Corp., which is urging the world\u2019s biggest mining company to unify its corporate structure, spin off more assets and improve capital returns. The resources giant, which has [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-57444","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/57444","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=57444"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/57444\/revisions"}],"predecessor-version":[{"id":57445,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/57444\/revisions\/57445"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=57444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=57444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=57444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}