Anglo Cut to Junk by Another Firm as Mine Sales Questioned

  • Fitch downgrade follows similar move by Moody's this week
  • Agency says difficult to sell assets in `buyers' market'

Fitch Follows Moody's, Downgrades Anglo American

Anglo American Plc’s credit assessment was cut to junk by Fitch Ratings, following a similar downgrade by Moody’s Investors Service this week, as the ratings company questioned the miner’s ability to sell assets in a “buyers’ market.”

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