JOHANNESBURG, May 6 (Reuters) - Anglo American plc
said on Thursday shareholders had approved the spin-off of its
South African thermal coal business into a new company, paving
the way for its listing in Johannesburg and London next month.
If the transaction meets all other approvals, Thungela
Resources Limited is expected to be listed on the Johannesburg
Stock Exchange and on the London Stock Exchange on June, 7.
Anglo is shifting away from assets that mine the most
polluting fossil fuels and is also looking to exit from its
Colombian thermal coal mine.
(Reporting by Tanisha Heiberg; editing by Carmel Crimmins)
Anglo American (AAL)
