Anglo American sells 6.6% stake in Amplats

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 float ahead of a full exit.
🔒 Anglo American to sell coal unit to Peabody for $3.78 billion
Anglo said it would get $2.05 billion in cash upfront from Peabody, a US coal miner, with another $725 million in deferred payment. The company could receive a further $550 million depending on the coal price and $450 million depending on the reopening of its Grosvenor mine.
Anglo American raises R9.6bn from sale of Amplats stake
Anglo American Plc raised R9.6 billion ($530 million) from the sale of a 6.6% stake in Anglo American Platinum, a move aimed at increasing the South African unit’s free float ahead of a full exit.
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 American shares up on Jefferies upgrade
Jefferies has set a new price target of 2,850 pence for Anglo American, a 19% increase from the stock's recent closing price of 2,385 pence. The analysts noted that Anglo’s shares have been trading at a 15% discount to their sum-of-the-parts valuation, offering attractive value despite the risks associated with its restructuring efforts.
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.
BHP did Anglo American a favour
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Anglo American plc (OTCMKTS:NGLOY) Given Consensus Recommendation of “Hold” by Analysts
Shares of Anglo American plc (OTCMKTS:NGLOY – Get Free Report) have been assigned an average rating of “Hold” from the seven ...
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Anglo American rises Monday, outperforms market
Anglo American PLC AAL shares rose 1.36% to £23.91 Monday, on what proved to be an all-around favorable trading session ...
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Anglo American advances platinum demerger
Anglo American has completed an accelerated bookbuild offering, raising ZAR9.6 billion to support the strategic demerger of ...
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ANGLO AMERICAN PLC – Results of Anglo American’s accelerated bookbuild offering of shares in Anglo American Platinum Limited
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, JAPAN OR ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY ...
MarketWatch7d
Anglo American rises Thursday, still underperforms market
Anglo American PLC AAL shares inched up 0.43% to £23.50 Thursday, on what proved to be an all-around positive trading ...
US Coal Miner Peabody Targets World Steel Market With Anglo Deal
With US demand for coal waning, Peabody Energy Corp., has struck a deal to shift its focus on targeting growth in the global ...