BREAKFAST DEALS: BHP strike

BHP is set to swoop on an African deposit, while Exxaro's African Iron position improves.

China’s strategy to secure commodity supplies through state-owned firms has proved quite successful over the last few years, with deals for minerals of all colours bedded down. The one disadvantage is that sometimes Beijing can’t move quickly enough and BHP Billiton is reportedly set to catch a ball China has dropped in the African nation of Gabon. Meanwhile, Nine Entertainment’s owner, CVC Asia Pacific, has apparently turned up its nose at an offer from hedge funds holding large chunks of the TV company’s debt to convert their holdings to equity. It appears we’re at a bit of an impasse. Elsewhere, the sales process appears to have stalled for the Asia-Australian Fitness First gym chain as British owners weigh up the interest, Fortescue Metals hasn’t given up on floating its non-core magnetite assets in Hong Kong while it looks for a strategic partner, and a key aviation executive has given his take on Qantas' hopes to get a joint venture with Malaysia Airlines off the ground.

BHP Billiton

{{content.question}}

Mastercard

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have 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 complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

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 to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access

Mastercard

Updating information

Please wait ...

Trial

Mastercard
{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles