29.04.2014 - Davisís X2 said to study BHP assets bid with Abu Dhabi support
Former Xstrata Plc Chief Executive Officer Mick Davis is studying making a bid for BHP Billiton Ltd. thermal coal and nickel assets after raising funds from investors including Abu Dhabiís sovereign wealth fund, according to a person with knowledge of the matter. Davisís X2 Resources is weighing an offer for the BHP assets after raising as much as $3.75 billion from five investors last month, said the person, who asked not to be named as the information isnít public...............................................Full Article: Source
Print