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Add as a preferred source on GoogleAngola Seeks 10% De Beers Stake Amid Anglo American’s Proposed Sale
The plan comes as Botswana pursues a separate increase in its stake to 30% from 15%.
The ministry said Friday, Nov. 13, that Angola intends to take a 10% ownership position in De Beers during Anglo American’s proposed divestment of its controlling interest.
The plan follows a separate target announced by Botswana President Duma Boko: raising the country’s stake in De Beers to 30% from 15%. TokenPost previously covered Botswana’s stake increase plan.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.