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Anglo De Beers buyout gets green light

Apr 11 2012 11:20 Reuters

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Cape Town - South Africa's competition authority said on Wednesday it has given an unconditional green light to global miner Anglo American's $5.1bn buy-out of unlisted diamond giant De Beers from the Oppenheimer family.

"The tribunal just approved the transaction without conditions," a spokesperson for the Competition Tribunal said. The deal was widely expected to be approved.
anglo american  |  de beers
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