Global Capital Markets

StoryAngloGold Ashanti will be free to pursue acquisitions after Anglo American reduces its 51% shareholding in the group, a Financial Times report said. The item quoted Anglo American chief executive Tony Trahar who said Anglo American�s stake in the South African mining group had held it back from participating in deals funded by equity. Trahar commented that Anglo American, the UK-listed mining group, might eventually have a smaller shareholding in a bigger company, referring to AngloGold Ashanti.
Anglo�s shareholding in AngloGold is believed to be worth approximately USD 7bn, the item said. Anglo American declined to say how much of its stake it would sell.

SourceFinancial Times
ValueUSD 7,000m (estimated value of Anglo American's 51% stake in AngloGold Ashanti (Financial Times)) "