Anglo American completes exit from the Middle East

13/01/2016

Anglo American has announced that it has completed the sale of its interests in the operating joint venture entities which have historically operated under the Tarmac name in the United Arab Emirates, Oman and Qatar to Colas Moyen Orient SAS, a subsidiary of Colas SA, a road and transport infrastructure construction company forming part of the Bouygues Group. The sale to Colas of an additional non-operating joint venture entity in Oman is pending satisfaction of certain outstanding conditions.