Anglo American completes sale of Scaw South Africa

Diversified mining titan Anglo American has completed the sale of Scaw South Africa, South Africa based integrated steel maker, to an investment consortium led by the Industrial Development Corporation of the same country.

Diversified mining titan Anglo American has completed the sale of Scaw South Africa, South Africa based integrated steel maker, to an investment consortium led by the Industrial Development Corporation of the same country.

The company sold for R3.4bn (c. $440m) on a cash and debt free basis.

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