Botswana President Eyes De Beers Deal by End of October

Botswana President Eyes De Beers Deal by End of October



Botswana President Eyes De Beers Deal by End of October
Botswana’s President Duma Boko says the nation aims to complete a deal to take a majority stake in diamond company De Beers by the end of next month. Anglo American is looking to divest its 85% stake in De Beers, which mines most of its gems in the southern African nation, as part of a restructuring process that began 16 months ago. The London-listed miner has received interest from other buyers and a deal with Botswana hasn’t been finalized. Boko talks with Bloomberg’s Jennifer Zabasajja in New York. (Source: Bloomberg)


www.bloomberg.com
#Botswana #President #Eyes #Beers #Deal #October

Share: X · Facebook · LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *