DataRoom AM: BHP breather

BHP Billiton slows down its divestment plans, while Wesfarmers' reshuffle may signal expansion intent.

Divestments may no longer be the order of the day for BHP Billiton, but its multi-billion dollar portfolio “simplification” appears far from over. The miner’s first-half earnings announcement also presented the opportunity for the global giant to knock rumours of a UK delisting on their head.

Elsewhere, Wesfarmers weighs up overseas expansion options, APN News & Media seeks to gain complete control of the Australian Radio Network and Sonic Healthcare pushes ahead with plans to expand in Germany.

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