DataRoom AM: BHP’s nickel appeal

Two frontrunners have reportedly emerged in the race for BHP’s Nickel West assets, while a higher takeover bid for Treasury Wine Estates is looking more and more doubtful.

Two big names are believed to be left in the race for BHP Billiton’s Nickel West operations, but what sort of return can the mining giant expect given the environmental liabilities linked to the division?

Elsewhere, the signs aren’t good for a higher takeover bid for Treasury Wine Estates, Fairfax Media nullifies talk of a merger with Nine Entertainment and Westfield spinoff Scentre Group mulls a shakeup of its portfolio.

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