The miner has finally completed the sale of assets from its Tarmac joint venture to a subsidiary of French engineering and construction group Bouygues.
Last week a major diplomatic crisis developed between Saudi Arabia and Iran over the Saudi execution of Nimr al Nimr, a charismatic Shiite cleric and anti-Sunni political activist.
It said the move reduces its administrative, compliance and legal expenses, which could no longer be justified given the low levels of trading on the ASX relative to Endeavour’s TSX listing.