MoneywebRichemont and Signet in talks to join bidder for De Beers
The owner of Cartier and the US jewellery retailer are weighing minority stakes in the consortium seeking to buy De Beers from Anglo American.
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News24 BusinessRichemont in talks to join De Beers bid
Luxury giant Richemont and US retailer Signet Jewellers are in talks to join a consortium that’s in prime position to buy diamond miner De Beers, according to five people familiar with the matter.
BizcommunityAnglo American’s De Beers exit close as Botswana raises the stakes
Anglo American could soon exit De Beers, as a Bloomberg report indicates that the Global Diamond Consortium, the preferred bidder for the diamond producer, is inching closer to sealing a deal with Botswana. This is according to people familiar with the matter.
MoneywebBotswana said to near agreement on size of its De Beers stake
The proposed deal could lift Botswana’s stake from 15% to about 25%, clearing a major hurdle in Anglo American’s planned sale.