CAPITAL MARKETS

Anglo breakup would 'unlock full value'

Anil Agarwal and new chairman Stuart Chambers’ record of selling off companies should help Anglo American (LN:AAL) shareholders get significant returns from the company, an investment bank has said.

Staff reporter
 Scissors not pictured: Jefferies analyst Christopher LaFemina says Stuart Chambers could apply his takeover nous in the Anglo chair

Scissors not pictured: Jefferies analyst Christopher LaFemina says Stuart Chambers could apply his takeover nous in the Anglo chair

Jefferies set Anglo's new target price "conservatively" at £23 (US$31.8) per share, 26% higher than the current price. This comes only three months after the investment bank moved Anglo to ‘buy' and...

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