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Add as a preferred source on GoogleBotswana Nears Deal to Raise De Beers Stake to About 25%
The government currently holds 15% of the diamond producer. Global Diamond Consortium is the preferred bidder in the proposed acquisition.
Botswana is nearing an agreement to raise its stake in De Beers to about 25% from 15%, as Global Diamond Consortium pursues the acquisition of the diamond producer.
The potential increase would give Botswana a larger ownership position in De Beers. Global Diamond Consortium is the preferred bidder for the company.
The agreement has not been completed.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.