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BHPB launches South32

BHPB has called on shareholders to approve the proposed demerger of South32 on May 6 and has revealed the company’s two priorities: a commitment to maintain safe and reliable operations and an intention to maintain an investment-grade credit rating.

Nadav Shlezinger

South32 will apply for its shares to be admitted to trading on the ASX, LSE and JSE and will have an over-the-counter ADS programme in the United States. It intends to distribute a minimum of 40% of underlying...

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