A London listing will ease the birth of BHP's spin-off

BHP's about-face on the London listing of its spin-off of second-tier assets is good news for UK investors and for all shareholders in the new entity.

When BHP Billiton announced the spin-off of its second-tier assets last month, the immediate reaction in London was very negative, with a large-scale sell-off of its shares. That makes BHP’s about-face on the question of a London listing of shares in the demerged entity more interesting than it might otherwise have been.

The original intention was that shares in SpinCo (as it is temporarily named within BHP) would be listed in Australia, with a secondary listing in South Africa but no listing in London.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles