The Conversation (0)
Anglo American Completes Acquisition of De Beers
Aug. 17, 2012 12:50PM PST
Gem Investing
Forbes reported Anglo American (LSE:AAL) has acquired the remaining 40 percent shareholding in the De Beers Group from the Oppenheimer family.
Forbes reported Anglo American (LSE:AAL) has acquired the remaining 40 percent shareholding in the De Beers Group from the Oppenheimer family.
As quoted in the market news:
This acquisition boostsAnglo American‘s ownership of De Beers to 85 percent. The remaining 15 percent of shares in the company is owned by the government of Botswana.