Disposal

RNS Number : 5747L

Anglo American PLC

12 January 2016

 

12 January 2016
Anglo American announces sale of interests in Tarmac Middle East businesses to Colas

Anglo American plc ("Anglo American") announces that it has completed the sale of its interests in the operating joint venture entities which have historically operated under the Tarmac name in the United Arab Emirates, Oman and Qatar to Colas Moyen Orient SAS ("Colas"), a subsidiary of Colas SA, a road and transport infrastructure construction company forming part of the Bouygues Group. The sale to Colas of an additional non-operating joint venture entity in Oman is pending satisfaction of certain outstanding conditions.

Completion of this transaction will mark the final exit by Anglo American from the Tarmac businesses following the completion of the sale of its 50% ownership interest in Lafarge Tarmac to Lafarge, as previously announced in July 2015. The terms of the transaction are confidential.

For further information, please contact:

Media		Investors
UK James Wyatt-Tilby Tel: [phone] Marcelo Esquivel Tel: [phone]		UK Paul Galloway Tel: [phone] Ed Kite Tel: [phone]
South Africa Pranill Ramchander Tel: [phone] Shamiela Letsoalo Tel: [phone]

Notes to editors:

Anglo American is a global and diversified mining business that provides the raw materials essential for economic development and modern life. Our people are at the heart of our business. It is our people who use the latest technologies to find new resources, plan and build our mines and who mine, process and move and market our products - from bulk commodities and base metals to precious metals and diamonds (through De Beers) - to our customers around the world. Our diversified portfolio of products spans the economic development cycle and, as a responsible miner, we are the custodians of precious resources. We work together with our key partners and stakeholders to unlock the long-term value that those resources represent for our shareholders, but also for the communities and countries in which we operate - creating sustainable value and making a real difference. Our mining operations, growth projects and exploration and marketing activities extend across southern Africa, South America, Australia, North America, Asia and Europe.

www.angloamerican.com

 

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