Mining giant BHP Billiton (LSE: BLT) (NYSE: BBL.US) is set to spin off its non-core assets into a new company, and management claims the restructuring will deliver greater value for shareholders. That remains to be seen, but either way there could be a sting in the tail for UK shareholders
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Owain Bennallack has no position in any shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. We Fools don’t all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.