Elliott Says BHP Taking Note of Critics as Fund Lifts Stake

(Bloomberg) -- BHP Billiton Ltd. appears to be heeding investors’ calls for change, activist shareholder Elliott Management Corp. said, disclosing it has boosted its holding in the world’s biggest mining company. Paul Singer’s Elliott raised its stake in BHP’s London-traded shares to 5 percent, the fund said Wednesday in a statement, from a 4.1 percent interest in April...