#AngloAmerican pleases investors with $1.5bn sale of #Niobium and #Phosphates busines


The #SouthAfrica-based miner is to sell the #Brazil-based arm to #China #Molybdenum for $1.5bn (£1bn) in cash. Most analysts had been expecting the business to fetch around $1bn.

Read more at: http://www.telegraph.co.uk/business/2016/04/28/anglo-american-pleases-investors-with-15bn-sale-of-niobium-and-p/

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s