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Anglo sells more Amplats shares
Anglo American to sell another 6% of Amplats ahead of spinoff
Anglo American (OTCQX:AAUKF) (OTCQX:NGLOY) said Tuesday it has launched a sale of ~16M shares in Anglo American Platinum (OTCPK:ANGPY) (OTCPK:AGPPF) ahead of a full demerger of the business as part of its plan to unlock the significant value it says is inherent in its portfolio.
Anglo American Raises $530 Million From Amplats Stake Sale
Anglo American Plc raised 9.6 billion rand ($530 million) from the sale of a 6.6% stake in Anglo American Platinum Ltd., a move aimed at increasing the South African unit’s free float ahead of a full exit.
Anglo sells more Amplats shares ahead of spinoff of platinum unit
Anglo American said on Tuesday it will sell more shares in its South African platinum unit, as it accelerates plans to spin it off.
Anglo American Boosts Capital with Share Sale
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Anglo American sells 6.6% stake in Amplats for $527m
Anglo American South Africa, a division of the diversified mining company Anglo American, has divested a 6.6% stake in Anglo American Platinum (Amplats), a platinum group metals (PGM) miner. The transaction involved the sale of 17.
1d
on MSN
Anglo American upgraded at Jefferies after selling off met coal assets
Anglo American (OTCQX:AAUKF) (OTCQX:NGLOY) is a more attractive acquisition target without its metallurgical coal assets, ...
1d
BHP did Anglo American a favour
Duncan Wanblad’s work may make Anglo more attractive to a potential suitor — investors are better off, regardless ...
15h
on MSN
MARKET REPORT: Anglo American rallies as analysts back shake-up
With Anglo American shares down around 15 per cent since the restructuring was unveiled in May, the Jefferies analysts also ...
6d
Anglo American: Portfolio Simplification Means A Special Situation
Anglo American (NGLOY) is undergoing a major transformation, focusing on copper, premium iron ore, and crop nutrients. See ...
5d
on MSN
Anglo American Exits Coal With $3.8B Sale To Peabody Energy
Anglo American is selling its remaining steelmaking coal assets for up to $3.8 billion to U.S. firm Peabody Energy, as the ...
Mining Weekly
1d
IAEA, Anglo American to cooperate on research into stopping soil salinisation
The International Atomic Energy Agency (IAEA) has announced that it is partnering with Anglo American, and in particular the ...
GlobalData on MSN
3d
Peabody secures $2.1bn loan to acquire Anglo American’s coal operations
"Peabody secures $2.1bn loan to acquire Anglo American’s coal operations" was originally created and published by Mining ...
1d
Anglo American upgraded to Buy from Hold at Jefferies
Jefferies analyst Christopher LaFemina upgraded Anglo American (NGLOY) to Buy from Hold with a price target of 2,850 GBp, up from 2,500 GBp.
4d
Anglo American to Sell 6.6% of Amplats Ahead of Spinoff
Anglo American Plc is selling another 6% of its platinum business in a move aimed at increasing the South African unit’s free ...
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