Anglo American’s $11bn platinum spin-off makes London market debut

Anglo American’s $11bn platinum spin-off makes London market debut

Demerger marks significant milestone for corporate overhaul and refocus on copper and iron ore

Markets retreat on new Trump pains, defence stocks in vogue, Anglo American spins off platinum interests and Indivior to delist from UK stock market

Valterra Platinum: Shares rise on London debut after Anglo American demerger

Shares in Valterra Platinum rose on Monday morning in a positive start to the mining company’s London debut following its $11bn demerger from Anglo American. The secondary London listing, in which shares rose 4.6 per cent to 2,960 after the first hour of trading, follows a primary listing in Johannesburg on Friday. Valterra’s London-listed shares have been distributed to Anglo American shareholders as part of the float. The stock’s performance h…