Firm intentionEnergy18 May 2026

Dhilmar Limited to acquire Anglo American

Verified deal facts, source-backed narrative, and the Exit Mode founder lens for SME readers preparing to sell.

Deal facts

Buyer
Dhilmar Limited
Target
Anglo American
Deal value
USD 3,875,000,000
Announced
18 May 2026
Status
Firm intention
Sector
Energy
Country
United Kingdom
Consideration
cash, earn-out
What we know

Dhilmar Limited has agreed to acquire assets from Anglo American in a deal valued at USD 3.875 billion. The transaction involves a combination of cash and earn-out consideration within the Energy sector. Both the buyer and the target are based in the United Kingdom. The agreement was announced on 18 May 2026, marking a significant strategic move for the acquiring entity to expand its portfolio.

The deal is currently at the firm intention stage and has not yet been completed. Regulatory approval and other standard conditions remain outstanding before the transaction can be finalised. This asset sale represents a substantial capital deployment for Dhilmar Limited in the current market environment. The parties are expected to proceed with closing procedures once all necessary consents are secured.

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Deal timeline

1 update
  1. Firm intention

    Agreement re sale of steelmaking coal business

    Disclaimer* 18 May 2026 Anglo American agrees sale of steelmaking coal business for up to US$3.875 billion in cash Anglo American announces that it has agreed to sell its portfolio of steelmaking coal mines in Australia ("Steelmaking Coal Portfolio") to Dhilmar Limited ("Dhilmar") for a cash consideration of up to US$3.875 billion ("the Transaction").   The agreed cash considerat

    LSE RNS

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Buyer history

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Methodology

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