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Consortium likely buyer for De Beers

Consortium likely buyer for De Beers

Sunday StandardConsortium likely buyer for De BeersAnglo American’s long-anticipated exit from De Beers is edging closer to reality, with Chief Executive Duncan Wanblad signalling that the diamond giant is likely to be sold to a public-private consortium. Speaking to the Financial Times, Wanblad said the separation process is “relatively far advanced” and suggested the eventual buyer will “probably be a consortium” [...]The post Consortium likely buyer for De Beers first appeared on Sunday Standard and is written by Sunday Standard Reporter

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