Anglo American

Anglo American launched an accelerated bookbuild offering of approximately 13 million shares in Anglo American Platinum, representing about 5% of its total issued shares. The sale is part of a strategy to unlock value and increase liquidity ahead of the planned demerger of Anglo American’s 78.56% stake in Anglo American Platinum. The proceeds will help reduce Anglo American’s net debt and further its portfolio shift toward copper, premium iron ore, and crop nutrients.
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