Anglo American agrees to sell its remaining stake in Terra Industries Inc.
14 December, 2004
Anglo American plc (“Anglo American”) announces that it has agreed to sell its remaining 32% stake in Terra Industries Inc. in private sales to 22 purchasers for a gross cash consideration of US$188 million.
Note: The securities sold have not been registered under the US Securities Act of 1933 and may not be offered or sold in the US absent registration or an applicable exemption from registration requirements
Notes to Editors:
Anglo American plc is one of the world's largest mining and natural resource groups. With its subsidiaries, joint ventures and associates, it is a global leader in platinum group metals, gold and diamonds, with significant interests in coal, base and ferrous metals, industrial minerals and paper and packaging. The group is geographically diverse, with operations in Africa, Europe, South and North America, Australia and Asia. (www.angloamerican.co.uk)
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