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demerger

  • Valterra Platinum: Shares rise on London debut after Anglo American demerger

    Markets

    Shares in Valterra Platinum rose on Monday in a positive start to the mining company’s London debut following its $11bn demerger from Anglo American. The secondary London listing, in which shares nudged up 1.8 per cent at the end of the first day’s trading, follows an earlier primary listing in Johannesburg. Valterra’s London-listed shares have [...]

    Anglo American is set to move its headquarters to Canada
  • Smiths Group: Shares jumps as demerger on track

    Energy

    British engineering firm Smiths Group posted a boost to revenue in the third quarter as it progressed on demerger plans. The group’s revenue jumped 10.6 per cent on the back of “strong performance and momentum in the order book”. Shares in the group rose over two per cent to 2,100p during early trading on Tuesday. [...]

    Smiths Group posted its third-quarter report on Tuesday. (Photo by Christopher Furlong/Getty Images)
  • Anglo American: Slowdown at Yorkshire site causes hefty write down

    Mining

    A set back in one of its Yorkshire crop nutrients facilities dragged on Anglo American's first set of results since shrugging a off a takeover attempt from Australian rivazl BHP.

    Anglo American has rejected BHP's request to extend talks

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