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Botswana Says It’s in Talks About Increasing Stake in De Beers

Botswana Says It’s in Talks About Increasing Stake in De Beers

Botswana said it’s in talks over increasing its shareholding in De Beers, as Anglo American Plc prepares to end its almost century-long relationship with the iconic diamond producer.

As part of a turnaround plan to fend off an approach from BHP Group, Anglo last month said it planned to sell or separate De Beers, in which it holds an 85 percent stake. The remainder is owned by Botswana, the southern African nation that holds the company’s…


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Australia news live: Watt says Coalition have ‘started the new climate wars’; one shot as masked men invade Sydney home

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