BHP Group (BHP)
- Reuters
BHP closer to scrapping dual listing after board approval
The world's top miner has been listed in Australia and the UK since 2001, when it merged with Billiton Plc, but the company proposed in August to consolidate the two by keeping its primary base in Sydney. The company expects the unification to be complete by Jan. 31, 2022 on getting required regulatory clearances and after the shareholders' vote for both, BHP Group Ltd and BHP Group Plc, is held on Jan. 20. BHP will retain its standard listing on the London Stock Exchange, where it is currently the second-largest company, with its shares continuing to be traded on the Johannesburg and New York bourses, the company said.
- Zacks
Vale (VALE) Trims Iron Ore Production Guidance for 2021
Vale S.A (VALE) lowers the top end of its 2021 iron ore production guidance to 320 million tons from 335 million tons, while maintaining the lower end at 315 million tons.
- Yahoo Finance UK
Why companies are ditching dual listings
Royal Dutch Shell recently announced it will move its headquarters from the Netherlands to the UK as it overhauls operations.
