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BBL BHP Group Plc

64.18
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
BHP Group Plc NYSE:BBL NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 64.18 0 01:00:00

One 'Hell of a Deal' Needed for BHP Billiton to Consider M&A, CEO Says -- Market Talk

23/02/2015 11:35pm

Dow Jones News


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2305 GMT [Dow Jones] BHP Billiton Ltd. (BHP.AU) isn't on the acquisition trail, already having plenty of options for growth in its project pipeline, says CEO Andrew Mackenzie. "It has to be one hell of a deal for us to consider" an acquisition right now, he tells reporters. The comments are similar to recent remarks from rival Rio Tinto PLC (RIO), whose CEO Sam Walsh earlier this month said he'd prefer to focus on building new mines rather than buying low-quality assets in the current market environment. (rhiannon.hoyle@wsj.com; Twitter: @RhiannonHoyle)

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