PERTH, Nov 16 (Reuters) - Global miner BHP Billiton does not plan to back away from chasing large, high quality assets, after failing to seal three major deals over the past two years, BHP Chairman Jac Nasser said on Tuesday.
"Our strategy is very clear, we're not about to change from transactions that potentially involve tier 1 assets ... and change that to go after second tier, lower quality acquisitions," he told shareholders at the group's annual meeting.
"Don't look to us to be chasing smaller acquisitions of lower quality." (Reporting by Sonali Paul and Rebekah Kebede; editing by Balazs Koranyi)