DataRoom AM: BHP bargain hunter

X2’s Mick Davis is reportedly moving in on BHP’s non-core assets, while James Packer’s Sri Lankan ambitions receive a regulatory blow.

BHP Billiton has a willing buyer for its non-core assets in Mick Davis, but does the former Xstrata boss have the financial backing to orchestrate a $10 billion-plus deal?

Elsewhere, James Packer’s Sri Lankan casino ambitions are put to rest, Roc Oil tilts towards a takeover of Horizon Oil, Woodside Petroleum continues to close on a Leviathan deal and the race for the Port of Newcastle nears an end.

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