Anglo waiting for right time to offload an efficient Kumba
29 May 2016 - 02:01
With Kumba Iron Ore's share price up 123% this year, helped by a stronger iron ore price, is the company attractive for potential buyers? Kumba CEO Norman Mbazima said on Tuesday that the share price was one consideration, but other factors counted more, such as the sustainability of the business.He said the company was still in the early stages of preparing the business for sale.
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