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Anglo American Takes Over Diamond Miner De Beers
Nov. 04, 2011 02:31PM PST
Gem InvestingCNBC reported Anglo American (LSE:AAL) is gaining a controlling interest in De Beers, paying $5.1 billion.
CNBC reported Anglo American (LSE:AAL) is gaining a controlling interest in De Beers, paying $5.1 billion.
As quoted in the market news:
The deal announced Friday marks a historic change for the South African industrial dynasty, which has had a leading role in both companies for nearly nine decades.
Click here to read the full CNBC report.
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