Liberum sees ‘strategic merit’ if Anglo raised De Beers stake

Gem Investing

Mining Weekly.com reports that analysts at Liberum Capital believe that it would be positive for Anglo American(LON:AAL) to increase its’ holdings in De Beers.

Mining Weekly.com reports that analysts at Liberum Capital believe that it would be positive for Anglo American(LON:AAL) to increase its’ holdings in De Beers.

The editorial is quoted as saying:

“In our view, Anglo increasing its stake in De Beers would have strategic merit, clarifying the De Beers’ ownership issue once and for all and whether diamonds are ‘core’ to Anglo”, the Liberum analysts wrote in a note.

To view the entire editorial, click here.

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