BHP Billiton/BHP Steel Demerger to Go Ahead

After approval by the shareholders, the Australian Federal Court and other relevant bodies, the demerger of BHP Steel from BHP Billiton is set to proceed. The official separation of the two entities will take place on July 22nd.

Eligible BHP Billiton shareholders will receive one BHP Steel share for every 5 BHP Billiton shares, held at close of business on July 5. Likewise, BHP Billiton shareholders will receive a bonus of BHP Billiton shares in accordance with the value of BHP Steel shares distributed to BHP Billiton shareholders.

For more information on steel manufacture click here.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.