Anglo American Platinum to pay parent $600mn ahead of demerger
Anglo American Platinum is to pay its parent a $600mn dividend ahead of its planned demerger in June, the company announced on Monday. Amplats, as the world’s largest platinum company is known, is to pay out $900mn from its retained cash to shareholders in total with most going to Anglo American, which has a 67 per cent stake.
Anglo American has said it is pressing ahead with the demerger of Anglo American Platinum, targeting a June separation. The ...
Amplats 'resets' its balance sheet ahead of demerger by paying a special dividend, which puts it 'on a pro forma basis to be ...
Anglo American Platinum Ltd. declared an additional cash payout of 15.7 billion rand ($852 million) in preparation for an ...
Anglo American has sold its nickel business for up to $500mn in cash as it works to radically restructure itself after ...
Anglo American Platinum Ltd. said profit last year fell by as much as 52% after the price of palladium and rhodium slumped.
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