Monthly Archives: August 2007
Bye-bye, Tarmac
Aggregate and asphalt company Tarmac is on the block, with $6B USD being the estimated price. Not bad for $315M USD in earnings. This is 20x earnings. Tarmac is owned by Anglo, and its valuation is good for both Anglo and for … Continue reading
Filed under Uncategorized
Coal: everyone wants it
Anglo Coal is a very boring business, but it would fit so well for 3/4 the companies who would be interested in Anglo. Anglo Coal is tied into South Africa firmly, since 37% of the coal business is from mine … Continue reading
Filed under Anglo
