M&A

Anglo takes control of De Beers

ANGLO American has agreed to acquire the Oppenheimer family's 40% stake in De Beers for $US5.1 bi...

Kristie Batten
Anglo takes control of De Beers

The Botswana government has pre-emption rights in respect of the stake and has the right to increase its stake in De Beers to 25%, meaning Anglo could only acquire 30%. Long-time De Beers chairman...

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