UK’s Anglo American sells Valterra Platinum stake for $2.5 billion

(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)

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