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Anglo American PLC Completes Sale Of Scaw South Africa (Pty) Ltd

Monday, 26 Nov 2012 02:00am EST 

Anglo American PLC announced the completion on November 23, of the sale of Scaw South Africa (Pty) Ltd. and related companies for a total consideration of ZAR3.4 billion on a cash and debt free basis. Anglo American announced on April 24, 2012 the sale of Scaw South Africa, a South African based integrated steel maker, to an investment consortium led by the Industrial Development Corporation of South Africa (IDC) and Anglo American's partners in Scaw South Africa, being Izingwe Holdings (Pty) Limited, Shanduka Resources (Pty) Limited and the Southern Palace Group of Companies (Pty) Limited. 

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-401.0 -1.37%
31 Jul 2014