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The Nexus
BUSINESSJul 31 · 07:41 UTCTHE RIO TIMESSamuel Ncube

De Beers Sale Nears at US$1 Billion, Under a Tenth of 2011

Anglo American is negotiating to sell De Beers for US$1 billion to a consortium led by Gareth Penny. The valuation is significantly lower than the US$12.75 billion reported in 2011.

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Anglo American PlcorganizationDe BeersorganizationGareth Pennyperson
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