SYDNEY, May 1 (Reuters) - Elliott Management representatives will meet with BHP Billiton's BHP.AX BLT.L shareholders in Australia this week as the activist investor pushes for strategic changes at the world's biggest miner, two sources familiar with the matter said on Monday.
The sources, who could not be named because they were not authorised to speak publicly about the issue, told Reuters that Elliott was seeking feedback from other investors about its proposed overhaul of BHP.
Over the past year, Elliott has built up a 4.1 percent stake in BHP's British arm and last month told the company it had failed to deliver "optimal" value. demanded BHP spin off U.S. oil assets, ditch a corporate structure built on dual listings in London and Sydney and hand back more money to shareholders.
In a swift rebuff, BHP said the costs of the changes would outweigh the benefits.