FTSE 100 : Anglo American's strategic exit sparks FTSE 100 rise - InvestingChannel

FTSE 100 : Anglo American’s strategic exit sparks FTSE 100 rise

The FTSE 100 rose 0.3% this morning after Anglo American, the British mining heavyweight, has decided to part ways with its Australian steelmaking coal mines. The buyer? US-based Peabody Energy, willing to shell out up to $3.775 billion. This move allows Anglo American to focus on its core interests…
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