Financial Post reported a break up of Anglo American’s (LSE:AAL) answers may add value to the company.
As quoted in the market news:
The departure of Anglo American’s chief executive has revived talk of radical ways for the miner to boost its flagging share price, even going as far as a break-up of the group.
Splitting Anglo into its constituent parts – Anglo American Platinum (Amplats), Kumba Iron Ore, diamond producer De Beers and a rump of other assets – could arguably add value. Anglo, like many of its peers, trades at a discount to the sum of its parts, and analysts estimate the uplift to its net value at somewhere between 10 and 30 percent.