BHP Mulls Shale Asset Split to Speed $10 Billion Sale -Bloomberg
01 February 2018 - 6:47PM
Dow Jones News
--BHP Billiton Ltd., seeking to accelerate the sale of its U.S.
shale unit, is prepared to offer the assets in as many as seven
packages, including three in the Permian Basin, according to
unnamed sources, Bloomberg reports.
--The world's biggest miner continues to favor a sale of the
portfolio--valued at 10 billion dollars or more--to a single buyer,
the sources told Bloomberg.
--One source told Bloomberg that BHP would consider a deal that
includes a trade of shale properties for rights in the Gulf of
Mexico, where the company already has offshore operations.
Full story: http://bit.ly/Bloomberg-BHP
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(END) Dow Jones Newswires
February 01, 2018 02:32 ET (07:32 GMT)
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