2nd Mar 2005 09:30
Anglo American PLC02 March 2005 News Release 2 March 2005 BOART LONGYEAR Anglo American plc has received a number of approaches for the purchase of BoartLongyear and is, accordingly, undertaking a formal process to determine whethershareholder value would be maximised by the sale of the group. Although nofinal decision has yet been taken to dispose of Boart Longyear, it is expectedthat such a decision will be made before the end of the second quarter of 2005at which time a further statement will be made to stakeholders. Boart Longyear, a wholly owned subsidiary of Anglo Ferrous Metals andIndustries, is a leading provider of drilling services, tools and equipment forthe natural resource industry, the construction and quarrying industries andindustrial markets worldwide. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Anglo American