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Davis’s X2 Said to Study BHP Assets Bid With Abu Dhabi Support
Former Xstrata Plc Chief Executive Officer Mick Davis is studying making a bid for BHP Billiton Ltd. thermal coal and nickel assets after raising funds from investors including Abu Dhabi’s sovereign wealth fund, according to a person with knowledge of the matter. Davis’s X2 Resources is weighing an offer for…
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Click here to read the full story: Bloomberg Businessweek