Scenario:Discuss what Anglo American’s 2020 balance sheet would have looked like without the South African thermal coal operations.

Scenario: You work for an “green” investment firm with significant holdings in Anglo American. Because your firm tries to invest in environmentally friendly companies, senior management is excited about Anglo American’s move away from thermal coal. At an upcoming board meeting, the directors will be discussing the implications of Anglo American’s demerger. You have been … Read more