Anglo American (AGL) has agreed to acquire the Oppenheimer family's 40% interest in De Beers for US$5.1 billion. This will take Anglo American's current 45% shareholding in the world's leading diamond company to up to 85%.
Anglo American said on Friday it has entered into an agreement with CHL and Centhold International Limited (CIL), together representing the Oppenheimer family interests (CHL Group), to acquire their 40% interest in DB Investments and De Beers sa for a total cash consideration of US$5.1 billion, subject to adjustment as provided for in the agreement. [IOL]
No comments:
Post a Comment