Anglo American sells stake in China Shenhua Energy
29 April, 2008
Anglo American plc (“Anglo American”) announces that it has sold its 0.78% equity interest in China Shenhua Energy (“Shenhua”).
Anglo American has been an investor in Shenhua since its IPO in Hong Kong in June 2005.
The sale was effected through a bookbuild on the market of 155,612,000 shares at HK$35.46 per share for a total of approximately US$708 million.