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AAL Anglo American Plc

2,179.00
-3.00 (-0.14%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Anglo American Plc LSE:AAL London Ordinary Share GB00B1XZS820 ORD USD0.54945
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -3.00 -0.14% 2,179.00 2,188.00 2,188.50 2,193.50 2,138.50 2,158.50 5,613,129 16:35:13
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Metal Ores,nec 30.84B 283M 0.2116 103.40 29.27B

Anglo American Sells Exxaro Stake for $215 Million

01/12/2016 7:46am

Dow Jones News


Anglo American (LSE:AAL)
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By Ian Walker

 

LONDON--Anglo American PLC (AAL.LN) said Thursday it has sold 35 million shares in Exxaro Resources Ltd. (EXX.JO) at 87 South African rand each, raising ZAR3.0 billion ($215 million), as part of its continuing efforts to reduce debt.

The South African miner said Wednesday it was selling the shares, which represents 9.7% of Exxaro's issued share capital, via bookbuild process.

Following the sale, Anglo American no longer holds a direct equity interest in Exxaro.

 

Write to Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749

 

(END) Dow Jones Newswires

December 01, 2016 02:31 ET (07:31 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

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