Anglo launches R7.6bn bid for UK fertiliser miner
Anglo American is making a return to the fertiliser business with an all-cash bid for the whole of Sirius Minerals
20 January 2020 - 10:29
Anglo American made a formal bid on Monday of a £405m (R7.6bn) cash offer for the whole of London-listed Sirius Minerals, a miner building a polyhalite operation in the UK to provide fertiliser feedstock to the global market.
Anglo is offering 5.5 pence per share, which is a 62% premium over the volume-weighted average price over the previous three months of 3.4p.
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