€43bn mining giant to break up

Mining giant Anglo American was today said to be preparing to break itself up.

€43bn mining giant to break up
Sun, 15 Jan, 2006 - 15:56

Mining giant Anglo American was today said to be preparing to break itself up.

The €43bn heavyweight has reportedly appointed investment bank UBS to start the process with either the sale or demerger of its packaging business Mondi.

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CourtsBusinessHeathrowPlace: South AfricaPlace: LondonPlace: UKPlace: Middle EastPlace: AmericaPlace: CanadaPerson: Seymour PiercePerson: Charles KernotOrganisation: UBSOrganisation: MondiOrganisation: SundayOrganisation: Goldman SachsOrganisation: Anglo GoldOrganisation: CitigroupOrganisation: Highveld SteelOrganisation: TarmacOrganisation: Sunday TimesOrganisation: ChinaOrganisation: Newmont MiningOrganisation: Barrick Gold
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