Latham & Watkins and Paul Weiss are in lead advisory roles as Anglo American agrees to sell part of its Australian mining business to Dhilmar.
Anglo American has accepted a $3.875bn offer from UK-registered privately owned miner Dhilmar for its portfolio of steelmaking coal mines in Australia. The decision sees Anglo American exit from steelmaking coal entirely, ahead of its pending tie-up with Canadian mining company Teck Resources.
