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Anglo American has begun initial talks with banks about listing its De Beers diamond unit, according to people familiar with ...
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Chinese retailers are offloading polished diamonds as demand tanks, adding to a $2 billion inventory headache for De BeersWanblad says it has agreed a framework with the Botswana government, which is a 15% owner in De Beers, to help it potentially initiate a formal sale process after receiving several “unsolicited ...
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Anglo American braced for fresh takeover turmoil: De Beers owner left vulnerable as shares slideAnglo’s trophy De Beers diamonds business poses another dilemma as the rapid growth in laboratory-grown diamonds (largely made in China) has fuelled a slump in demand for the real deal.
Anglo American (OTCQX:AAUKF) (OTCQX:NGLOY) has launched talks with major banks about listing its De Beers diamond unit, Bloomberg reported Wednesday, as the company looks to move ahead with the final ...
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