Lonrho

Lonrho plc was incorporated in the United Kingdom on 13 May 1909 as the London and Rhodesian Mining Company Limited.

Related Topics:
United Kingdom - 13 May - 1909 - London - Rhodesia

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For many years during the second half of the twentieth century it was frequently in the news, not only due to the politically-sensitive part of the world in which it had mining businesses, but also - as it strove to become a conglomerate not wholly dependent of these businesses - in a number of takeoever battles, most notably for the Harrods department store. At this time it was led by Tiny Rowland who was a charismatic businessman much courted by the media.

Related Topics:
Conglomerate - Harrods - Tiny Rowland

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Sir Angus Ogilvy, married to a member of the British royal family, was a director and this increased media interest in the company's affairs.

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On 7 May 1998, the assets of Lonrho were demerged. Two publicly listed companies, Lonrho Plc and Lonrho Africa Plc were created; the former retaining all the non-African businesses and mining assets. In 1999 Lonrho Plc was renamed as Lonmin Plc and a new era as a focussed mining company began and since then has divested itself of non-core assets.

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