Biggest Miner Adds $10 Billion in Boost to M&A War Chest

  • BHP Billiton CEO sees dividend cut increasing deal firepower
  • Oil and copper assets are key targets for acquisitions: BHP

What’s Behind BHP’s Dividend Cut?

BHP Billiton Ltd. gave notice Tuesday that it’s on the hunt for assets after tipping an estimated $10 billion extra cash into its coffers by cutting its dividend and capital spending.

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