Saturday, June 22, 2024

Future of De Beers uncertain amid takeover bid

The future of De Beers is uncertain as major shareholder, Anglo American, considers selling its diamond-mining unit amid a failed takeover bid by BHP that was made public on Thursday.

The Wall Street Journal, an authoritative business news publisher, has reported that Anglo American is considering selling De Beers, citing people who are familiar with the matter.

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