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In January 2020, Anglo American made a 5.5p per share offer to buy a polyhalite fertiliser project (in North Yorkshire, England) from Sirius Minerals for £400m. [51] In salvaging the financially troubled project, Anglo American envisages spending around £230m to keep construction going. [52] The sale was approved by shareholders in March 2020 ...
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Section 1.4 should also state that sale of Anglo American’s 50% share in Lafarge Tarmac Holdings concluded in July 2015. [7] In the first paragraph of section 2 ...
In 2002, Anglo American purchased a 35% portion of Avmin. [7] But the former's investment potential was short-lived when Avim sold a portion of its ownership in Avgold from 60 to 42 percent. [ 7 ] Anglo then sold their 34.5% share of Avmin to Harmony and ARMgold in May 2003.
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In 2011, Anglo American took control of De Beers after buying the Oppenheimers' family stake of 40% for US$5.1 billion (£3.2 billion) and increasing its stake to 85%, ending the 80-year Oppenheimer control of the company. [12] The company is currently owned 85% by Anglo American and 15% by the Government of Botswana.
By 2007, the shares were worth 24% of Anglo's issued share capital. [7] In the loan negotiations for the last 200 million bundle, Anglo had to give them to Quinn Family Properties because Bazzly did not have a functioning bank account. The Quinn family members used their assets in the Quinn Group Portfolio as security against the debt. [8]