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Anglo American plans to sell an 85% stake in De Beers for approximately $1 billion, representing a valuation that has shrunk by more than 90% from its peak.
British mining giant Anglo American is in talks to sell its 85% stake in the De Beers diamond business for approximately $1 billion. This valuation represents a decline of more than 90% from De Beers’
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Anglo American plans to sell an 85% stake in De Beers for approximately $1 billion, representing a valuation that has shrunk by more than 90% from its peak.
British mining giant Anglo American is in talks to sell its 85% stake in the De Beers diamond business for approximately $1 billion. This valuation represents a decline of more than 90% from De Beers’
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Luxury Goods Consumption
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