Shares of Petrohawk (HK) surge after BHP Billiton (BHP) agrees to buy the firm. Analysts at Citi...

|By:, SA News Editor

Shares of Petrohawk (HK) surge after BHP Billiton (BHP) agrees to buy the firm. Analysts at Citi and KeyBank set a Hold rating for the firm after last night's announcement, and raised price targets. Shares +61% premarket.