BHP Billiton’s split may have lessons for Alcoa
#Alcoa announced on Monday it will break itself in two, separating a faster growing #Plane and #Car parts business from traditional #Alumina and #Aluminum production as shareholders seek higher returns amid a commodity slump.
#BHP used a similar rationale for ring-fencing select operations in #Australia, #SouthernAfrica and #SouthAmerica into what became South 32 last May to concentrate on its most profitable commodities.
Read more at: http://www.reuters.com/article/2015/09/29/alcoa-split-bhp-billiton-idUSL3N11Z2FS20150929