DataRoom AM: BHP drum beat

Rumours of BHP demerger plans may be an exercise in attracting buyers, while Nathan Tinkler is reportedly raising capital for Peabody's Wilkie Creek mine.

The world’s largest miner could be about to slim down through a $20 billion demerger of non-core assets. The idea is logical on the surface, but even BHP Billiton would admit that $20bn seems a bit rich.

Elsewhere, another Australian dairy firm falls into foreign hands, former Xstrata boss Mick Davis builds a hefty war chest, Nathan Tinkler circles a Queensland coal asset and Therese Rein cashes in on her jobseeker business.



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