LONDON--(BUSINESS WIRE)--
This announcement is for our U.S.$5,000,000,000 Euro Medium Term Note Programme.
September 21, 2012
Mitsui & Co., Ltd.
Mitsui & Co., Ltd. (“Mitsui”) announced today that third party allocation of newly issued shares of Inversiones Mineras Acrux SpA (“Acrux”), the joint venture with Corporación Nacional del Cobre de Chile (“Codelco”), is executed and that it subscribed for 17% of the Acrux shares by US$1.1 billion. Subscription was completed through Mitsui’s newly established wholly owned investment subsidiary, Inversiones CLC Gama Limitada. Acrux allocated the increased capital to acquire 5% of Anglo American Sur S.A. shares (“Anglo Sur”) from Anglo American plc., and Mitsui and Codelco jointly hold 29.5% of Anglo Sur shares.
Mitsui is currently analyzing the impact of this transaction to Mitsui’s consolidated financial result of the fiscal year March 2013.