Anglo American
Anglo American to sell entire 49.5 pct stake in agri-processing business Tongaat Hulett
Anglo American PLC (LSE: AAL) announced it plans to sell its 49.5 percent holding in Southern Africa focused agri-processing business Tongaat Hulett Ltd to institutional investors via an accelerated bookbuild and an exchangeable bond issue.
Anglo is offering its entire holding of 51.2 million Tongaat shares. It did not provide pricing details.
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08/02/10 Anglo American supports Anglo Platinum US$1.6 billion rights issue, to cut debt further
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30/09/09 Anglo American expands interest in Australia's Musgraves Region through option with Reed Resources
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22/07/09 Anglo American cuts stake in SAfrica’s Hulamin to 17 pct
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10/07/09 Anglo American names National Grid’s, Mondi’s Sir John Parker as non-exec chairman
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23/06/09 Anglo American rejects Xstrata approach
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03/06/09 Anglo American and Arc Exploration granted two exploration titles in Papua New Guinea
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