Anglo American Regulatory News (AAL)



Regulatory News for Anglo American (AAL)


Share Price: 1,556.50Bid: 1,557.00Ask: 1,557.50Change: 0.00 (0.00%)No Movement on Anglo American
Spread: 0.50Spread as %: 0.03%Open: 1,575.00High: 1,584.00Low: 1,552.062Yesterday’s Close: 1,556.50





Anglo American completes acquisition

Thu, 16th Aug 2012 16:17

RNS Number : 1983K
Anglo American PLC
16 August 2012
 

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16 August 2012

Anglo American completes acquisition of De Beers shareholding

 

 

Anglo American plc ("Anglo American") announces the completion of its acquisition of a 40% shareholding in De Beers from CHL (representing the Oppenheimer family interests), thereby increasing Anglo American's shareholding in De Beers to 85%.

 

Under the terms of the November 2011 agreement between Anglo American and CHL, Anglo American has paid a total cash consideration of $5.2 billion, comprising the agreed purchase price of $5.1 billion and a number of adjustments as provided for under the agreement.

 

 

 

 

For further information, please contact:

 

Media

 

Investors

UK

James Wyatt-Tilby

Tel: +44 (0)20 7968 8759

 

UK

Caroline Crampton

Tel: +44 (0)20 7968 2192

 

Emily Blyth

Tel: +44 (0)20 7968 8481

 

 

 

South Africa

Pranill Ramchander

Tel: +27 (0)11 638 2592

 

 

South Africa

Nicholas Gordon

Tel: +27 (0)11 638 3262

 

Notes to editors:

Anglo American is one of the world's largest mining companies, is headquartered in the UK and listed on the London and Johannesburg stock exchanges. Anglo American's portfolio of mining businesses spans bulk commodities - iron ore and manganese, metallurgical coal and thermal coal; base metals - copper and nickel; and precious metals and minerals - in which it is a global leader in both platinum and diamonds.  Anglo American is committed to the highest standards of safety and responsibility across all its businesses and geographies and to making a sustainable difference in the development of the communities around its operations. The company's mining operations, extensive pipeline of growth projects and exploration activities span southern Africa, South America, Australia, North America, Asia and Europe.

www.angloamerican.com


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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Related Shares: Anglo American (AAL).




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