Global mining company Anglo American Plc said on Monday it had completed the sale of its Scaw South Africa Ltd unit and related companies for 3,4 billion rand ($383,22 million) in cash.
Anglo said it sold Scaw, a steel maker, to an investment consortium led by the Industrial Development Corporation, a state-run development group.
Anglo sells Scaw metals
Global mining company Anglo American Plc said on Monday it had completed the sale of its Scaw South Africa Ltd unit and related companies for 3,4 billion rand ($383,22 million) in cash.
Anglo said it sold Scaw, a steel maker, to an investment consortium led by the Industrial Development Corporation, a state-run development group.