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Speculation continues to build on rumors that BHP Billiton (BHP) is considering a bid for Walter...

Speculation continues to build on rumors that BHP Billiton (BHP) is considering a bid for Walter Energy (WLT). BHP is said to be considering a $55 per share all cash offer, and if true, would be the "swan song" for current WLT CEO Marius Kloppers, whom which BHP is said to be planning a successor for. Xtrata's Mick ‘the miner’ Davis is said to be a frontrunner to take his place. BHP -0.2%, WLT -2.3% AH.
Comments (1)
  • Peter Epstein has been talking about a buyout of WLT for some time now.
    5 Dec 2012, 07:51 PM Reply Like
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