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11BN Platinum Business Anglo American 11 billion dollars, in London, FTSS, FTSE 100 mines will be a secondary list for redevelopment.
Formerly known as Anglo American Platinum, Verterra is the world’s most valuable platinum and has benefited from the latest increase in the price of metal used in catalytic converters.
While the rival miner BHP struggles with the proposal of the £ 39bn by the BHP, Anglo notes the greatest step for a major repair work prepared by American.
Stuck Anglo American According to analysts and bankers, the demerger can be a more attractive goal once completed.
The company also throws nickel, coal and diamonds to focus on copper and iron ore.
Valterra has a key list in Johannesburg. The shares listed in London will be distributed to Anglo American shareholders – will be different from the traditional primary public benefit, where he received an attractive level for the growth of the first day.
Because Anglo is not a member of the American FTSE 100 and Walterra, which takes potive index viewers of the valterra shares, potentially leaders to a rocky start.
“Taking into account the quantvert of trade in the first few days, he said,” The risk of variability is high. “
Anglo American, including Valterra Holding, including 66.7 percent between 66.7 percent in the last year, took a step to minimize. It will only save only 20 percent of Platinum.
The short-term worldview for the platinum prices has improved the continuous use of internal combustion engines using electric vehicles and most combustion engines, platinum and palladium.
Platinum prices touched the two-year height last week after increasing 20 percent since the beginning of the year.
Valterra President Craig Miller, this month’s new company will be “more flexible and solvent.”
“Instead of competing for capital with other goods in a corrid company, we invest in our quality assets,” he said.
Anglo American reorganizes shares with about 12 percent consolidation designed to store the same level before splitting the stock price.
