Anglo American completes onward sale of AA Sur 4.1% shareholding
14 September, 2012
Anglo American plc (“Anglo American”) announces the completion of its onward sale of a 4.1% shareholding in Anglo American Sur (“AA Sur”) to a Corporación Nacional del Cobre de Chile (“Codelco”) and Mitsui & Co ., Ltd. (“Mitsui”) joint venture company controlled by Codelco (“the Codelco/Mitsui joint venture”) following clearance of the transaction by competition authorities in Brazil.
Anglo American completes onward sale of AA Sur 4.1% shareholding
Anglo American plc (“Anglo American”) announces the completion of its onward sale of a 4.1% shareholding in Anglo American Sur (“AA Sur”) to a Corporación Nacional del Cobre de Chile (“Codelco”) and Mitsui & Co ., Ltd. (“Mitsui”) joint venture company controlled by Codelco (“the Codelco/Mitsui joint venture”) following clearance of the transaction by competition authorities in Brazil.
Under the terms of the 23 August 2012 agreement, Anglo American has completed the onward sale of 4.1% of the shares in AA Sur for a cash consideration of approximately $890 million.