Dryblower on the spin which is driving BHP Billiton's spin-off

IF maximising shareholder value by simplifying its structure is the ultimate aim of BHP Billiton’s management team then Dryblower wonders why they’ve only gone half-way.

Selling surplus assets, or spinning them off into a new company, is not really going to achieve the full benefits of simplification, or maximise shareholder profits.