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BHP sending 'mixed signals': RBC

RBC Capital Markets analysts say they are surprised by BHP's plans to potentially demerge its petroleum assets and that the deal requires further justification.

Kristie Batten
BHP's Gulf of Mexico assets are cash generative

BHP's Gulf of Mexico assets are cash generative

BHP confirmed yesterday it was considering a demerger of the division to Woodside Petroleum and a distribution of Woodside shares to BHP shareholders. The proposed deal is reportedly worth about A$20...

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