M&A Transformers: Episode 04
Insights from Valterra Platinum’s separation from Anglo American and listing on the London Stock Exchange
Let’s make this work.
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Valterra Platinum’s separation from Anglo American and secondary listing on the London Stock Exchange presented an ambitious challenge: to establish a new, standalone platinum mining business within a demanding 12-month timeframe, while creating a new brand and culture and ensuring a seamless transition for their people.
A carve-out journey is rarely straightforward, especially when navigating the complexities of a large-scale demerger. In this video, Valterra Platinum’s leaders share their collaborative approach, the need for speed and how they engaged their people throughout the process. The result was a landmark achievement in the mining industry.
"I wanted the demerger executed at pace. When you go through any significant amounts of change, you want to create that certainty for the majority of the organisation."
- Craig Miller, CEO, Valterra Platinum
How Deloitte supported
Deloitte’s integrated M&A team in the UK and South Africa supported Valterra Platinum with its separation from Anglo American and international secondary listing on the London Stock Exchange in a number of ways including: Demerger Readiness, Separation Management Office, Transaction Management Office, Day 1 and Day 100 planning, Day 1 readiness, Day 1 cutover including command and control, Transition Service Agreement (TSA) definition and stand up, working capital support, technical Equity Capital Markets advice, Financial Position and Prospects Procedures (FPPP) preparation, supply chain support, and change and communications support.
Louis Kruger
