CAPITAL MARKETS

Anglo American sells 11.3% stake in AngloGold Ashanti

GLOBAL miner Anglo American has sold its remaining 11.3% stake in AngloGold Ashanti for $US1.28 billion ($A1.93 billion).

Kristie Batten
Anglo American sells 11.3% stake in AngloGold Ashanti

The company sold 39.9 million shares at $32 per share to investment fund manager Paulson & Co Inc. Anglo American had previously stated that the investment was non-core and the company intended to dispose...

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