Anglo American Sells Minority Share in Mondi South Africa

Anglo American plc announces that its paper and packaging subsidiary, Mondi South Africa and Shanduka Resources have reached agreement for Shanduka to acquire a 42 percent equity stake in a new entity which will own Mondi’s South African packaging businesses.  

The new entity, Mondi Packaging South Africa, will include Mondi’s board and paper mills at Springs, Felixton and Piet Retief, its corrugated converting business and its Mondi Recycling paper stock collection and processing facilities.