Anglo American notes announcement by Xstrata
15 October, 2009
The Board of Anglo American plc ("Anglo American" or "the Group") notes the statement made by Xstrata plc ("Xstrata") that it has withdrawn its proposal for a combination of the two companies.
Anglo American Chairman, Sir John Parker, said: “The Board continues to have full confidence in the value inherent within the Group’s unique asset base and the additional value that we can drive from it. I look forward to working with the management team to deliver this value for our shareholders.”