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BHP Billiton: Under Private Eyes, possibly

May 9th 2007 05:34
Speaking in an investor forum sponsored by ASX, chief executive candidate Chris Lynch Wednesday warned that BHP could be a private equity takeover target, on the grounds of cheap money searching for good companies. Or was it the press, caught in the hype of the failed takeover of Qantas, that have taken his words out of context?

Myer, Colorado Group, Qantas and now BHP Billiton? At the layman level, BHP seems a good buy though, at least it has a better business outlook than the flag carrier.

Source: BHP could be a takeover target



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