Published by Global Banking & Finance Review®
Posted on September 4, 2025
1 min readLast updated: January 22, 2026
Add as preferred source on GoogleAnglo American sold its 19.9% stake in Valterra Platinum for $2.5 billion, focusing on core mining operations like copper and iron ore.
(Reuters) -Global miner Anglo American on Thursday said it has raised about $2.5 billion from the sale of its remaining 19.9% stake in Valterra Platinum, its former subsidiary.
Anglo has been selling or spinning off non-core assets to focus on copper and iron ore, since BHP's failed takeover attempt last year.
(Reporting by Raechel Thankam Job in Bengaluru; Editing by Mrigank Dhaniwala)
Equity refers to the ownership interest in a company, represented by shares of stock. It signifies the value of ownership after all liabilities have been deducted.
Investment is the act of allocating resources, usually money, in order to generate income or profit. This can include purchasing stocks, bonds, or real estate.
Capital markets are financial markets where long-term debt or equity-backed securities are bought and sold. They facilitate the raising of capital for businesses.
Corporate strategy is the overall plan for a company to achieve its goals and objectives. It involves decisions about resource allocation, business direction, and competitive positioning.
A financial community refers to a network of individuals and organizations involved in the financial services sector, including banks, investors, and regulatory bodies.
Explore more articles in the Finance category
