Brussels, 24/07/2000 (Agence Europe) - The European Commission authorised Anglo American Plc to take exclusive control of shell Coal Holding Ltd by acquiring, for an amount of between USD 850 and 900 million, all of the share capital of the company from Shell.
Specialised in the production and sale of hard coal, Shell Coal made a net profit of USD 45 million in 1999 for a production of 17.3 million tonnes of coal and 1,000 employees. Most of its activities are located in Australia and it...