Mmegi

Anglo eyes De Beers exit

De Beers is due to be put up for sale
De Beers is due to be put up for sale

Anglo American says it will "divest or demerge" from De Beers, meaning it is looking to exit its investment.

Anglo holds 85% in De Beers, with the other 15% held by the Govt of Botswana.

The statement by Anglo this morning, follows weeks of pressure by global mining group, BHP, which is pushing to buy Anglo. Anglo, which has rejected all bids, yesterday said it would update shareholders on its own plans to boost value within the group.

Editor's Comment
A collective responsibility to end FMD spread

As cases continue to threaten herds and rural livelihoods, one simple but critical action can make a powerful difference: strictly adhering to FMD regulations, including refraining from slaughtering cloven-hoofed animals.Cloven-hoofed animals, such as cattle, sheep, goats, and pigs, are highly susceptible to FMD. Slaughter, especially during outbreaks or restricted periods, significantly increases the risk of spreading the virus through...

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