Anglo American has agreed to Mitsubishi Corp.’s proposed $600 million acquisition of a 21.9% equity interest in Anglo American Quellaveco S.A., which owns the Quellaveco copper project in Peru. Mitsubishi already holds an 18.1% interest in the project and, following closing of this transaction, Mitsubishi’s interest will increase to 40%. Anglo will retain 60%.
Read the Whole Article in our Digital Edition

Share