BHP will unify its corporate structure under the existing Australian parent company, BHP Group Limited.
Unification is anticipated to be finished by 31 January 2022, pending approval by BHP Group Limited and BHP Group Plc shareholders, as well as receipt of remaining regulatory approvals and UK Court sanction of the scheme.
The BHP board made the decision as they believed it is in the best interests of BHP shareholders.
Northbridge Industrial Services plc (LON:NBI) hires and sells specialist industrial equipment to a non-cyclical customer base. With offices or agents in the UK, US, Dubai, Belgium, Germany, France, Australia, Singapore, New Zealand, Brazil and Korea, Northbridge has a global customer base.