Business5 sources
Botswana to Double De Beers Stake to 30% in Consortium Deal
- Botswana will double its stake in De Beers from 15% to 30%.
- The deal involves a consortium including jewelry industry players and other African nations.
- President Duma Boko announced the plan to ease Anglo American's exit from De Beers.
- Namibia and Angola are also taking stakes in the deal.
- The transaction is expected to finalize Anglo American's exit from De Beers.
Articles (5)
ABC News·
Botswana says it will increase its stake in De Beers to 30% under proposed sale
Forbes·
Botswana De Beers’ Major Shareholder In Global Diamond Consortium Deal
Reuters·
Botswana to double De Beers holding under Anglo stake sale, president says
Financial Times·
Botswana to double De Beers holding to 30%
Bloomberg·
Botswana Agrees to Raise De Beers Stake, Easing Anglo’s Exit