News
27 October 2025

Angola bids for Anglo's $4.9bn De Beers stake

In:
Metals and Mining
Region:
Middle East & Africa

Angolan state-owned diamond producer Endiama has submitted a proposal to purchase Anglo American's 85% stake in De Beers as part of Anglo American's ongoing divestment of its majority diamond holding. Anglo American recently valued De Beers at $4.9 billion after incurring $3.5 billion...

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