BHP ltd : Settlement of main litigation on Samarco in sight, medium-term outlook solid but against high capex
>Settlement of main litigation on Samarco in sight - On Friday, BHP and partner Vale formalised a settlement on the 2015 Samarco disaster for BRL 170bn ($ 31.7bn), an one-third increase on the previous BRL 127bn proposal made public in April. This new offer is aligned to the requirements of the public prosecutor in order to close the case in the country and, according to Reuters, a deal could be signed on 25 October. In detail, the new offer includes $ 7.9bn already s...BHP Billiton is a global resources company. Co. operates under a Dual Listed Company (DLC) structure, which consists of the BHP Billiton Limited Group and the BHP Billiton Plc Group, operating as a single economic entity. As of June 30 2017, Co. operated four reportable segments: Petroleum, which is involved in the exploration, development and production of oil and gas; Copper, which is involved in the mining of copper, silver, lead, zinc, molybdenum, uranium and gold; Iron ore, which is involved in the mining of iron ore; and Coal, which is involved in the mining of metallurgical coal and thermal (energy) coal.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.